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
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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.
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.