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Admitting the government overpaid when rescuing Lloyds (LYG) and RBS in 2008, the BOE warns the...

Admitting the government overpaid when rescuing Lloyds (LYG) and RBS in 2008, the BOE warns the two banks still need to raise a substantial amount of capital by March. The banks are trying to sell assets or cut back investment banking operations as opposed to requesting more government funds. At this point U.K taxpayers are sitting on losses on the government investment as opposed to the profits booked by the U.S. Treasury.
Comments (2)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    Sooooooo...the governments have to make profits now.....they should have never bailed them out in the first place...and I disagree...what profits....our debt has doubled ...which means Joe the taxpayer has to pay for the Bankers bailout...
    18 Jan 2013, 08:20 AM Reply Like
  • User 509088
    , contributor
    Comments (949) | Send Message
     
    you didn't want taxes, so...

     

    shoulda maybe paid the $2.
    18 Jan 2013, 09:51 AM Reply Like
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