Monday, October 12, 2009

Oooh! I wonder which banks they might be?

Banks to support Lloyds' rights issue

UBS and Bank of America Merrill Lynch are thought to have agreed to act as lead underwriters for the bank, which is seeking to limit its participation in the government-backed toxic loan insurance scheme. Citigroup, Goldman Sachs, JP Morgan Cazenove and HSBC have also been lined up as underwriters.

Posted by devo @ 12:09 AM (787 views)
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2 thoughts on “Oooh! I wonder which banks they might be?

  • I’ll underwrite Lloyds myself*

    * if the US and UK governments promise to underwrite me first.

    Reply
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  • I have more money in Lloyds than they have and I am overdrawn, the directors and share holders
    should reimburse me for the catastrophic damage that they have done to my and every one’s
    business.

    At some time in the future, perhaps it will be possible to make a joint law suite to against Lloyds
    and its shareholders for their irresponsibility in the management of our money banked with them.

    Reply
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