Monday, December 31, 2007

Another one bites the dust…..

London Scottish Bank in crisis debt talks

Increase funding to lend more and increase the losses - Labour's filthy fingerprints all over this one...''UK sub-prime lender warns of losses and unpaid dividends as banking watchdog orders it to increase funding''

Posted by hpwatcher @ 01:07 PM (191 views)
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2 thoughts on “Another one bites the dust…..

  • Have no illusions foreign press are having a field day with the problems in the UK banking sector. While idiot politicians here just brush it off as a temporary blip in the credit markets the UK is increasingly seen as having all the hallmarks of banana republic. Beware of what little a pound will buy you soon.

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  • Cheekie Charlie says:

    Christ I nearly put my money with these lot! Its like a minefield out there.

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