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Revealed: Full Cost Of Emergency Bank Loans
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=4442		 Page 1 of 1
Author:  pcernie [ Tue Nov 24, 2009 1:08 pm ]
Post subject:  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...
Author:  MrStevenRogers [ Tue Nov 24, 2009 3:48 pm ]
Post subject:  Re: Revealed: Full Cost Of Emergency Bank Loans
and not all of the remaining debt has been revealed by the banks, as of yet …
Author:  belchingmatt [ Tue Nov 24, 2009 4:34 pm ]
Post subject:  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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