Chip and PIN

Ian Johnson ukcrypto at chiark.greenend.org.uk
Fri, 25 Jan 2008 21:09:10 +0000


On Fri, 2008-01-25 at 17:28 +0000, PeteM wrote:
> Ian Batten wrote  on 25-01-08 16:25:
> > On 25 Jan 08, at 1604, PeteM wrote:
> Those are not the same regulators. And the pressures on regulators are 
> different where so many people have been defrauded; they can't so easily 
> marginalise the complainers as oddballs, freaks and liars. Millions of 
> people *knew* they had been missold endowment mortgages, they weren't 
> going to accept that the complaints were coming from a handful of 
> nutters who were only trying to get something for nothing. 

I'm with Ian B on this one, I doubt "millions" were missold, I suspect
the majority equate missold = not get the return I expected! My wife
and I still hold one, not our best financial decision, but one fairly
made at time, the wife fancied trying the missold route, I didn't
because frankly I'd thought it a good idea at the time (30K low cost
to maximise MIRAS benefit).

Ian