In the FT yesterday Eric Daniels the Chief Exec of Lloyds TSB (about to merge with HBOS) stated that “the government will have no impact on our business strategy and lending practices”.
How arrogant and self-righteous – clearly this guy has learned absolutely nothing from the banking collapse.
Talk about biting the hand that feeds you. A treasury spokesman was quoted in response “You would think they might listen to their biggest shareholder”. Right, fat chance! All they want is our money – what other use are we to them?
Image: A banker milking UK Taxpayers & SMEs
Disclaimer: This is a personal opinion and in no way reflects the views or opionions of Bondeck Limited which, in any event, has pots of money in the bank!!
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