Friday, Mar 06, 2009
Britain's £500bn bail-out
MoneyWeek: Britain's £500bn bail-out
An analysis of the Government's underwriting of the toxic assets of Royal Bank of Scotland and Lloyds. Is it really a good deal for the taxpayer? The new boss of RBS, Stephen Hester, has admitted that the bank could be relying on taxpayer support for at least five years.
Posted by damien @ 03:11 PM (427 views) Add Comment
2 Comments
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1. crunchy said...
Northern Rock is FLICKTED.
2. crunchy said...
Britain's £500bn bail-out.
Drip, drip, drip.