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The true extent of the bank bailout


Geoff Kilpatrick

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Geoff Kilpatrick

?165bn and counting

 

To be fair, the article is a little sensational, as this figure assumes a full default by Lloyds. Even still, it shows how much the charlatans at HBust had forgotten about the risk principle in banking.

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Who runs the country? Genuine question the banks should never be allowed to speculate again. Here's a daft idea Banks should exist solely to lend money that they can afford to individuals and businesses. And for people to save money in.

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Here's a daft idea Banks should exist solely to lend money that they can afford to individuals and businesses. And for people to save money in.

 

Simple Banking!.

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