Tuesday, August 16, 2011
Why didn't they let HBOS go into administration and start all over again from the wreckage?
I aculated a number of Lloyds TSB shares over a period to have something for my retirement. Lloyds did make a profit in 2008 but HBOS pulled it down with it's huge loss. I suspect it was Scottish votes that made the difference.The government couldn't afford to let it go to the wall, it would cost them too many votes. Especially with the SNP running circles around themm. However my little nest egg is now almost worthless while those odious people at the top go away smelling of roses. I wouldn't think this useless, self-serving load of slime bags in government care one iota for the little people. Just watch all that money they're printing go pouring into marginal Labour constituencies come the next election..
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment