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Lloyd's Banking Group in London

Lloyd’s Banking Group in London

 

 

 

Richard Lighthouse

 

 

Lloyd’s Banking Group in London

Published by Richard Lighthouse at Shakespir.com

Copyright © 2016 by Richard Lighthouse. All rights reserved.

 

ISBN: 9781370299157

 

https://www.Shakespir.com/books/view/676963

 

 

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the Copyright holder.

 

Limit of Liability/Disclaimer of Warranty: While the author has used his best efforts in preparing this document, he makes no representations or warranties with respect to the accuracy or completeness of the contents and specifically disclaims any implied warranties or fitness for a particular purpose. No warranty may be created or extended by sales representatives or sales materials. The author shall not be liable for any loss of profit or any other commercial damages, including but not limited to incidental, special, consequential, or other damages.

 

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About the Author:

Many of my books can be found for FREE at: Apple iBooks, Amazon.com, Lulu.com, Shakespir.com, BarnesandNoble, Google Play, kobo, and other websites.

I am a government whistleblower – see my ebooks about the criminal acts of the CIA and FBI. Readers are advised that the NSA may be blocking or restricting access to some of my ebooks, especially outside the United States. Readers are further advised that digital tracking tags may have been placed in my ebooks. It may be best to download from Apple iBooks, if possible. Note how slowly the jpg’s load into the ebook when viewing. The content of some ebooks may have been altered – still trying to monitor this. If you have tried to contact me, it is possible that emails and phone calls are being blocked (Owenc787 at gmail) 713.three.zero.six.8287; 16930 County Road 831, Pearland, Texas, 77584.

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Original 1A – 30 October 2016

Houston, Texas, U.S.A.

Revision 1B – 30 October 2016

 

 

 

Lloyd’s Banking Group in London

 

 

TABLE OF CONTENTS

Chapter 1:

Introduction

 

Chapter 2:

Conclusions

 

Chapter 3:

References

 

 

Abstract

 

 

Lloyd’s Banking Group is the largest corporation in the world, according to Yahoo Industry Financials, with a global market capitalization exceeding $2.4 Quadrillion USD. This is the total market capitalization of the stocks listed as LLD2, LLD5, LLD6, and LLD7. In fact, it is larger than all other banks in the world combined. Think about that because it bears repeating – One bank in London has more assets than all other banks in the world put together. It is at least 100 times larger than the next largest bank – JPMorganChase. $2.4 Quadrillion dollars is enough money to give every man, woman, and child on our planet, about $324,000.00 each. And still have money left over. That’s enough money to solve global hunger. That’s enough money to cure every disease. That’s enough to provide good housing for everyone on the planet. And this is all held in one bank in London. So why is the London Stock Exchange trying to hide the value of these bank stocks?

 

Introduction

 

If we add up the market capitilization of the stocks listed as LLD2, LLD5, LLD6, and LLD7 – it exceeds $2.4 Quadrillion USD. Lloyd’s Banking Group is the largest corporation in the world, according to Yahoo Industry Financials. In fact, it is larger than all other banks in the world combined. It is at least 100 times larger than the next largest bank – JPMorganChase. $2.4 Quadrillion dollars is enough money to give every man, woman, and child on our planet, about $324,000.00 each. And still have money left over. That’s enough money to solve global hunger. That’s enough money to cure every disease. That’s enough to provide good housing for everyone on the planet. And this is all held in one bank in London. So why is the London Stock Exchange trying to hide the value of these stocks?

 

 

 

Figure 1. The largest banks in the world according to Yahoo, ordered by market capitalization – 30 October 2016. https://biz.yahoo.com/p/410mktd.html

 

 

The available numbers for Lloyd’s add up to $965 Trillion USD. This does not include LLD2, LLD3, LLD4, LLD7. LLD2 and LLD7 were listed last year at nearly $800 Trillion USD each. See Figure 7.

 

 

 

Stock Change Market Cap. P/E Margin

Figure 2. The total for Lloyd’s adds up to $965 Trillion USD. And that’s without all of the listed shares. https://biz.yahoo.com/p/410mktd.html

 

 

But something does not add up. The London Stock Exchange (LSE) says that the market capitalization of Lloyds Banking Group (LLD5) is 39.5 Billion pounds or about $48B USD.

However, when we compare this to the Yahoo, Barron’s, and the Wall Street Journal information – we see a significant disagreement.

 

 

 

F
igure 3. London Stock Exchange quote for LLD5 on 30 October 2016. LLD5 and LLD6 are both listed on the London Exchange.

 

Figure 4. Barron's information for LLD5. Note the 1% of the shares held by Vanguard is 713.54 million shares at $109.25 per share. That's a large difference. This means that the Barron's and Yahoo numbers are in the same range. And it means that 100% of the shares are worth far more than the $39.5 billion pounds mentioned on the London Stock Exchange. Note that the largest shareholders only have a few percent interest in the corporation. Where are the owners that hold a majority interest? Maybe they are not shown? Under “Direct Holders” - HM Treasury holds about 6 billion shares or about $600 billion USD.

 

 

 

Figure 5. Wall Street Journal summary for LLD5.

 

 

Figure 6. Wall Street Journal information for LLD5. These numbers are vastly different than the 39.5 Billion pounds given on the London Stock Exchange. The market capitalization number is what matters when comparing the size of companies.

 

 

Figure 7. The same Yahoo site in October 2015 quotes LLD6 and LLD7 as each having nearly $800 Trillion USD each. It appears that in hiding these assets – they split them between LLD5, LLD6, and LLD7 about equally. The total for for Lloyd’s Banking Group then exceeds $2.4 Quadrillion dollars, making it the world’s largest corporation. Maybe that’s something the owners wanted to hide…

 

 

According to wikipedia – there are 7.4 billion people on our planet as of August 2016. (https://en.wikipedia.org/wiki/World_population)

 

$2.4 Quadrillion dollars is enough money to give every man, woman, and child on our planet, about $324,000.00 each. And still have money left over. That’s enough money to solve global hunger. That’s enough money to cure every disease. That’s enough to provide good housing for everyone on the planet. And this is all held in one bank in London.

 

 

 

Figure 8. London Stock Exchange claims LLD6 has a market capitalization of 39.5 billion pounds. At a minimum, this is very misleading.

 

 

Figure 9. Toyota Motor Corporation (TYT.L) listed on the London Stock Exchange has a market capitalization exceeding 1.8 Quadrillion dollars. This is enough money to give every man, woman, and child on the planet $260,000 each and still have money left over. This corporation is much larger than Apple Computer.

 

 

Conclusions

 

 

So we have described what appears to be deliberately misleading information on the London Stock Exchange, regarding the stock of Lloyd’s Banking Group. The major media frequently quote Apple Computer as being the largest corporation in the world, when it is not even close. Lloyd’s Banking Group has a market capitalization than is more than 1000 times larger than Apple’s $600 Billion USD. Why are we being lied to about the market capitalization of this bank? Even JPMorganChase is 40 times larger than Apple’s $600 Billion. So why is the media lieing to us about the size of these banks?

 

This short document has provided evidence that Lloyd’s Banking Group is the largest corporation in the world, and this one corporation has enough wealth to solve all of the world’s major problems.

 

 

 

This document is a living document. The author reserves the right to make corrections and changes.

 

References

 

1. Richard Lighthouse, “The Ends Never Justify the Means”, 2016. Shakespir.com and lulu.com

 

Acknowledgments

 

 

Acknowledgments: The author gratefully acknowledges Seth, Jane Roberts, and Rob Butts for their significant contributions.

 

Conflicts: The author experienced no conflicts of interest in writing this paper.

 

About: The author holds a Master of Science (M.Sc.) degree in Mechanical Engineering from Stanford University and has previously worked for NASA.

 

Contact: owenc787 at --gmail.com

Rlight767 -at- yahoo point com

713.three zero six.8287

16930 County Road 831, Pearland, TX 77584

 

Funding:

This research was generously supported with a grant from the Foundation Opposed to Academic Puffery (FOAP).

 

 

 

APPENDIX

 


Lloyd's Banking Group in London

Lloyd's Banking Group is the largest corporation in the world, according to Yahoo Industry Financials, with a global market capitalization exceeding $2.4 Quadrillion USD. This is the total market capitalization of the stocks listed as LLD2, LLD5, LLD6, and LLD7. In fact, it is larger than all other banks in the world combined. Think about that because it bears repeating – One bank in London has more assets than all other banks in the world put together. It is at least 100 times larger than the next largest bank – JPMorganChase. $2.4 Quadrillion dollars is enough money to give every man, woman, and child on our planet, about $324,000.00 each. And still have money left over. That's enough money to solve global hunger. That's enough money to cure every disease. That's enough to provide good housing for everyone on the planet. And this is all held in one bank in London. So why is the London Stock Exchange trying to hide the value of these bank stocks?

  • ISBN: 9781370299157
  • Author: Richard Lighthouse
  • Published: 2016-10-31 04:20:11
  • Words: 1725
Lloyd's Banking Group in London Lloyd's Banking Group in London