Webmash | August 05, 2009 | 0 comments

You Find Four Billion, You Lose Four Billion

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JasonNParkinson
Tuesday 4 August and the news headlines are of bankers taking £4bn in bonuses, citing "business as usual" - a stupendous slap on the back for all the great work they have done.

Move ahead, Wednesday 5 August, and Lloyds have lost £4bn in the HBOS takeover, a takeover paid mostly by the UK taxpayer, part of the £500bn bailout by the UK government in November 2008.

Has anyone thought to ask the question; did the Lloyds/HBOS funds get mixed up in the City bonus bin?

Blog: http://jasonnparkinson.blogspot.com/
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  2. tags:
    Economy Banks jason n parkinson Politics; Protest; Bailout; Recession; Capitalism; Credit Crunch; Nationalisation; Global Economic Crisis; global economic crisis; Economic Downturn
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