Officials from the Treasury and the Financial Services Authority (FSA) have been in talks with executives from the bank in a bid to secure its future.
BBC News business editor Robert Peston says the Treasury will almost instantaneously sell to a bank, or a number of banks.
more ...
------------------------
Check out the rest of this blog here.
I started this blog in June 2007 asking these questions: Are we in a massive asset bubble that will blow up in our faces ??? - ANSWERED YES ! Is western and particularly British society on the verge of social collapse??? What are the best common sense long term investment strategies to keep you rich? When will consumption/debt bubble economics end and a real savings/production economy begin ???
Saturday, 27 September 2008
blog comments powered by Disqus
Subscribe to:
Post Comments (Atom)