UK 19:04 Friday, 23 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
I am sure folks my age know who sang that classic. The year it came out I was living in Brooklyn. I'm back. Boy its changed. The corner where I used to come out of the subway and get offered drugs is now a plush little oasis. I sit in the Starbucks opposite. How things have changed. In today's bearcast I look at the real scandal and failings at HBOS, explain why flip flop's view of AIM is, like that of the Clown on ADVFN, narrow and distorted and flag up a few interesting factoids explaining my increasing bearishness about the stockmarket.
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Comments
Daniel Victor
We’ve been through this before,Tom.If banks run into trouble,yes,the shareholders can lose everything.The bondholders can lose everything.The people responsible can be called to account.BUT the banks DO have to be bailed out.Because if the man/woman-in-the-street is denied access to his or her funds even temporarily,or certain key creditors – eg other banks – don’t get paid promptly,this could and quite possibly would cause a domino effect and a loss of confidence in the entire banking system.
kusssb
Who is “flip flop”?
Daniel Victor
Ben Turney.
kusssb
Tks for that Daniel.
Sounds like Tom was whispering today’s bearcast. Just wondered if he was hiding in somebodies wardrobe?
You know how it is with women of the USA, they love ye olde English, turn their noses up at us poorly English speaking French. That’s life!