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
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1. Puppee said...
but i thought it said on bloomberg the other day that they were paying back the money they borrowed ?
2. crunchy said...
Green shoots,
Hand out.
Green shoots,
Hand out.
3. Unbelievableeddie said...
Not enough money in the bonus pot?
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".