
I'm starting to get a bit scared now.
'pparently, the banks have to pay off the government before they can start passing on high interest rates and competiton to the consumers.
Finland did the same thing, and 17 YEARS on they still haven't paid the government back.
( ,
Tue 14 Oct 2008, 8:39,
archived)
'pparently, the banks have to pay off the government before they can start passing on high interest rates and competiton to the consumers.
Finland did the same thing, and 17 YEARS on they still haven't paid the government back.

...they will probably be back in power by then and can claim they sorted the whole giant mess out.
/don't trust a single politian ever blog
( ,
Tue 14 Oct 2008, 8:43,
archived)
/don't trust a single politian ever blog

the govt have taken shares (over 60% of RBS, & over 40% of HBOS) in return for the cash. So being as the shares are currently in the toilet, when the price goes up, they can sell them at a profit.
( ,
Tue 14 Oct 2008, 8:57,
archived)