Wednesday, February 24, 2010

RBS and LLOYDS performances

One of the main problems here is the belief that a government can run a business, let alone make a ?profit?. RBS and Lloyds will probably never fully pay back the amounts they relied on during the bail out. More likely they will be sold off by a conservative government for a ?loss? and the market will deal with it. I imagine that in 10 years time the biggest UK banks will be Barclays and HSBC. They should be as they have been run well and should be rewarded for that.


In answer to the question 'who is to blame and who is really being bailed out?'

Low interest rates are largely bailing out those who overspent and those who did not are paying for it.

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