if you profit from him denting your car,
then yes - lend it to him again. And again. And again. Banks are businesses.
( crackhouseceilidhband Fuck off back to Mumsnet, Mon 22 Dec 2008, 14:19, 2 replies)

True
But they didn't (ish) they may have made money the first time around, but the second time they had to freeze the interest so they won't have made much.

At the end of the day I could have been worse by going bankrupt but fair's fair!
(Kip, Mon 22 Dec 2008, 15:39, closed)

I agree with this
This is not a good analogy as you would not normally profit from your mate smashing up your car. By your own admission, your bank has done well out of you.

Banks have an obligation to their share-holders to maximise profit, not to their customers. The only thing banks have done wrong here is to push the situation so far that they have started losing money. In this sense, they have wronged their shareholders, not the people they lent too much money too. Obviously we have all been indirectly affected now as the government has had to bail them out with our cash.
(Tom Jones's Mojo Hasn't had any since, Mon 22 Dec 2008, 15:48, closed)

I'm going to bail out now....
I'm in a lose lose situation, either I'm at fault for getting myself in debt (true and I admitted it)

and/or I'm totally at fault that the banks got bailed out by the government/you/us.

Happy fucking Christmas!
x
(Kip, Mon 22 Dec 2008, 15:53, closed)

Ah dude!
Don't be like that. Yes you were at fault but you admitted it and sorted it out and good on you. That makes you the hero, at least you didn't bail. People just don't get why you go that far, dig yourself out of the myre and kinda half blame someone else for putting you there - that's usually the attitude of the people that bail!

Plus its an interesting argument for us bored types ;)
( Throat And Ice Pie I see dem tatties dere., Mon 22 Dec 2008, 15:59, closed)