Response to NHL/PARAGON FINANCE - SETTLEMENT

Lordy, what a marathon! What you may or may not realise Dave, is that many of us would probably settle for an 'affordable' amount (perhaps not as much as £6k though!) if we could get the lender to agree. Getting to that point does take a long time during which their attitude clearly changes as they begin to realise that we are not going to roll over and be shafted. There is of course a moral issue underlying all of this which is one of should the government be held accountable and ultimately responsible for the crass mismanagement of the economy which led to most people's grief in the first place. What we are seeing over endowment mortgages and pensions is simply more evidence of just how useless the majority of the financial services industry is and just how incompetent the majority of people in the top jobs in this country are. I think many people are less and less willing to be shat on by the privileged and over paid 'elite' who always seem to emerge from these scandals smelling of roses.

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