Published Date:
20 February 2009
By Peter Jones
SUGGESTIONS are now arising, I note most recently in the Investors' Chronicle, that buying HBOS has turned out to be such a bum deal for Lloyds that it might want to unstitch the whole thing. It seems improbable, but if it were to happen, there is only one possible alternative owner for the crock that was HBOS – the government.
Amid the much more plausible suggestions that Lloyds and RBS might have to go back to the government for yet more capital, a big question arises: should the banks just be fully nationalised?
Since financially astute organisations such as the Finan...
The full article contains 1114 words and appears in The Scotsman newspaper.
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Last Updated:
19 February 2009 8:41 PM
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Source:
The Scotsman
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Location:
Edinburgh
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Related Topics:
Peter Jones
