Cable Forum - View Single Post

Osem · 14-09-2014, 22:01

When we're referring to companies the size of RBS, HBOS etc., shareholders 'taking the pain' inevitably means a great many very ordinary pensioners who made no choice to invest in those companies so let's be clear that it's not only the rich who would be suffer if they were allowed to fail.

There are plenty of Lloyds Bank shareholders who've lost out massively due to the company being pressured into merging with Halifax/BOS by Gordon Brown in a rather less than transparent manner.

14-09-2014, 22:01	#2235
Osem Inactive Join Date: Oct 2006 Location: Right here! Posts: 22,315	Re: Will Scotland Leave the UK? When we're referring to companies the size of RBS, HBOS etc., shareholders 'taking the pain' inevitably means a great many very ordinary pensioners who made no choice to invest in those companies so let's be clear that it's not only the rich who would be suffer if they were allowed to fail. There are plenty of Lloyds Bank shareholders who've lost out massively due to the company being pressured into merging with Halifax/BOS by Gordon Brown in a rather less than transparent manner.