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Revealed: Full Cost Of Emergency Bank Loans 
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pcernie
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Joined: Sun Apr 26, 2009 12:30 pm
Posts: 45931
Location: Belfast
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Post Revealed: Full Cost Of Emergency Bank Loans
http://news.sky.com/skynews/Home/Busine ... 5667?f=rss

Quote:
Emergency loans to Royal Bank of Scotland (RBS) and HBOS peaked at £61.6 billion at the height of the financial crisis, the Bank of England has revealed.


And

Quote:
Bank of England Governor Mervyn King revealed that the banks had to put up more than £100 billion in collateral in return for the loans.


Bloody hell...

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Tue Nov 24, 2009 1:08 pm
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MrStevenRogers
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Joined: Fri Apr 24, 2009 9:44 pm
Posts: 4860
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Post Re: Revealed: Full Cost Of Emergency Bank Loans
and not all of the remaining debt has been revealed by the banks, as of yet …

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Tue Nov 24, 2009 3:48 pm
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belchingmatt
I haven't seen my friends in so long
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Joined: Fri May 15, 2009 3:16 am
Posts: 6146
Location: Middle Earth
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Post Re: Revealed: Full Cost Of Emergency Bank Loans
Sky News
Quote:
Both banks had paid back the cash by January, it said.


BBC News
Quote:
The money was repaid in full by January this year, he added.


Quality reporting from Sky. I can just see over one billion fifties in circulation. :roll:

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Tue Nov 24, 2009 4:34 pm
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