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Old 10-06-2023, 06:36   #11
1andrew1
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Re: Telegraph titles being sold - Lloyds bank calls in receivers to parent company

Quote:
Originally Posted by Ms NTL View Post
Indeed, something fishy is going on here. Quite a coup d'etat from Lloyds, I do not understand, how Barclays were exposed so fast, without warnings.
Some lawyers/financiers will have their heads chopped off. We knew was coming but...
Lloyds and its predecessors were trying to get paid for years but ran out of patience. It was a reckless loan inherited from HBOS that they've written down to £0.
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