UK 'bad bank' plan to boost loans

[Legal Beagles]

The government is considering ways to take on banks' toxic assets as part of plans to stimulate lending.

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[Smasher]

Re: UK 'bad bank' plan to boost loans

Toxic indeed! The thing is, we all know the kind of tactics the er.. good banks?, no, can't say that, I'll say 'other banks' use to deal with what this 'bad bank' is proposing to take on.

I'd be incllined to say there's no way that the government could be seen to be using such tactics, but on the other hand, they bail out the filthy rich when they get into trouble & let those who are struggleing get eaten by the sharks and we all just have to live with it so who knows..