Anyone scalping the FTSE Futures??

Lloyds 'in FSA clash over dividend'
(UKPA) – 2 days ago
Taxpayer-backed Lloyds Banking Group is reportedly at loggerheads with the City watchdog over plans to restart payouts to shareholders.
Chief executive Antonio Horta-Osorio wants to pay a small dividend from the profit the 40% state-owned lender expects to make next year, the Sunday Times said, the first since the Government acquired its stake in the 2008 rescue deal.
But the Financial Services Authority (FSA) is understood to have threatened to block the move because it wants Lloyds to preserve cash to protect itself from a potential eurozone break-up or other future financial shocks.
Mr Horta-Osorio is likely to be angered by the regulator's view as restoring the dividend would lure investors back to the bank and help it on its way to the eventual sale of the taxpayer holding.
 
too much info, guys :LOL:

it just moves very nicely for my trend continuation after retracement thing. Been trading it up from 26 and been loving the 3-5% pops (like today) on the way as well as the longer stuff.
 
back to ftse.

10:00 struck down but ftse not liking it. I'm long now and will dow hedge if it goes to 5780
 
Chief executive Antonio Horta-Osorio wants to pay a small dividend from the profit the 40% state-owned lender expects to make next year, .

hmmm lets think where this "profit" came from. the sons of bitches in the government have a policy to transfer the wealth of the savers to clowns with massive mortgages, while the money is siphoned from the people with savings some of the money gets stuck inside the clown company called Lloyds. the clowns who are running lloyds previously also reported "profits" for many years but sadly wiping out these "profits" 50 fold in a couple of years.

UK pays £400million/each day in INTEREST on government borrowing.
 
don't worry, sd, government will make a big fat profit from lloyds (and rbs) in the end long as they hold their nerve and don't flog it like dear Gordon did with the gold.
 
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