You Find Four Billion, You Lose Four Billion
source: http://jasonnparkinson.blogspot.com/2009/08/you-find-four-billion-you-lose-four.html
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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/
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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