It would appear every tax payer is having to help to keep the banks going. Our bank the Natwest used to charge us £25 for going overdrawn by 25p. A rather large amount of money passed through my account recently. They were on the phone pretty smartish offering various schemes.
How stupid do they think we are?
The banks thought they could hand out shifty loans, bundle them up, sell them on and walk away with good bonuses up front. Their greed and stupidity knows no bounds.
The bailout is equivalent to £2,000 for every taxpayer in the UK.
Link The Guardian
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