Menachem Ben Yakov

Lloyds Buys HBOS: Good Deal or Bad?

We now know the truth about the merger. And that management was not honest when it reported results only six weeks ago. Lloyds common shareholders will receive NO DIVIDENDS FOR AT LEAST 5 YEARS!!!
Maybe longer. The UK government however gets a 12% p.a. dividend on its " preference " shares.
THE MERGER IS A DISASTER. SHAREHOLDERS MUST VOTE NO!!!!!