Tuesday, November 8, 2011

Have the UK banks who were given/lent 40-60 billion pounds in 'bail-outs' paid the money back yet?

Some major banks went broke and were bailed out by the government/taxpayer. Since I'm penalised and charged interest when I'm overdrawn or lend from them, I wonder what interest they've paid and if the initial amount has been given back. They are paying out huge bonuses but, in 99% of other jobs, an employee would have been fired for messing up this badly, not given a bonus. Yet the CEO of my bank, Lloyds, is to get a �1,000,000 bonus after having to get a �40 billion bail-out because of the incompetence of his bank

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