17-11-2007, 08:19 PM
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#1 (permalink)
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Uber Member
Join Date: Sep 2004
Location: Woking
Posts: 30,604
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Soviet Democrats Call For Government Intervention In The Rock
BBC NEWS | Business | Lib Dems call for Rock takeover
Quote:
The Liberal Democrats are calling for the government to take over control of ailing bank Northern Rock after its chief executive resigned.
Acting Lib Dem leader Vince Cable said a temporary government takeover was the best way to safeguard the £24bn of public money loaned to the bank.
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Why? Why should the taxpayer bail out this failed investment? Can I claim back all the money I lost during the dot com bubble burst then?
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