Friday, Nov 30, 2007

Christmas is coming early for the banks

Times: Alliance & Leicester gets £4bn cash boost from Swiss bank

A&L has secured a £4bn cash injection over 2 years from Credit Suisse. However, some question what interest rate A&L is paying above LIBOR.

Posted by who stole my pension? @ 04:19 AM (286 views) Add Comment

2 Comments

1. Urine Trouble said...

Who cares how much they are paying for the money. If they have dropped a b0110ck it will soon hit the floor.

Friday, November 30, 2007 09:02AM Report Comment
 

2. dohousescrashinthewoods said...

Hmm, if NR needed £24bn, does that mean A&L are casting around for another twenty?
Anyone who didn't heed yesterday's advice to quietly move their money, might want to do it today and beat the rush.

Friday, November 30, 2007 09:39AM Report Comment
 

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