Thursday, Oct 15, 2009

We bail out banksters again to prop up house prices

The Guardian: Lloyds asks taxpayers for another £5bn

Alistair Darling is ready to hand over up to £5bn of taxpayers' money to the part-nationalised Lloyds Banking Group in order to shore up its finances.

Posted by devo @ 12:13 AM (578 views) Add Comment

4 Comments

1. Puppee said...

but i thought it said on bloomberg the other day that they were paying back the money they borrowed ?

Thursday, October 15, 2009 12:28AM Report Comment
 

2. crunchy said...

Green shoots,

Hand out.

Green shoots,

Hand out.

Thursday, October 15, 2009 02:17AM Report Comment
 

3. Unbelievableeddie said...

Not enough money in the bonus pot?

Thursday, October 15, 2009 09:49AM Report Comment
 

4. mark wadsworth said...

Fair play to them, so far they have managed to stabilise the house price/credit bubble (to my amazement/disappointemnt/fury). In their position, why wouldn't they keep going until the last Labour MP has sold off his second and third homes?

"Whatever it takes".

Thursday, October 15, 2009 10:02AM Report Comment
 

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