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@deleted
Sorry I get little emotional when people start defending the outrageous behaviour of banks considering the position we're all in right now.
The Idea that J.P Morgan give special 'mates-rates' to protect the general public from the risks of investing in undervalued equity offering a fixed return is too much for me to take..
Since the clamp down on the banking sector global piss take things have just become harder..
The royal mail offering is a great example.
The restriction of investments to £750 means no small investors were able to benefit.
The banks may well have forseen it anyway and made multiple small applications. But they've already made a killing through the criminally low initial asking price.
This for me is inpart why I think Bitcoin might **might just have a chance
Somthing has to change because the banks aren't going to
Checkout the bitcoin thread
http://www.lfgss.com/thread65421.html