Suddenly you wake up owning a bit of a bank - Go Socialism!

[casaubon]

The government is to inject up to £37bn of taxpayer cash into Royal Bank of Scotland (RBS) Lloyds TSB and HBOS.

Taxpayers will own about 60% of RBS and 40% of the merged Lloyds TSB and HBOS.Various chief executives and bank chairmen are quitting. Which isn't really a surprise, since they were obviously rather crap at their jobs

Comments

[donnickcottage]

So maybe if I ever come over to visit, you can take me on a tour of your new digs!

[casaubon]

I'm not sure which bit of the bank I now own. I'm sure someone will let me know soon!

[donnickcottage]

I'm hopin it's the VAULT!!! But it's probably the janitor's closet:)

[casaubon]

The vaults are EMPTY, haven't you been watching the news?!?!?!

[donnickcottage]

That's just clever accounting:)