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Thread: U.K. government bank rescue cost $1.4 trillion
Started 3 months, 2 weeks ago by sludgehound
U.K. government bank rescue cost $1.4 trillion 8:28a ET December 4, 2009 (MarketWatch) LONDON (MarketWatch) -- The British government aid to banks totalled 850 billion pounds ($1.4 trillion), according to a report by the country's National Audit Office released Friday. The report tabulated both the cost of buying up shares in lenders Royal Bank of Scotland and Lloyds Banking Group as well as ...
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