The Lloyds TSB losses were announced today. The Banking Group, which is 41% owned by the UK Taxpayer. made a loss of £3.5 billion for the year to 31 December. This included a sum of £3.2 billion which has been set aside to cover claims resulting from the mis-selling of payment protection insurance (PPI).
Despite the huge Lloyds TSB losses, a spokesman said that its bonus pool for 2011 will be £375 million.
So, I guess the UK Taxpayer will be covering that as well then.
Stick ‘em up!
Lloyds TSB Losses: http://t.co/cyRe4Ph1 < Another #taxpayer #bailout
I seem to remember that Lloyds wasn’t doing too badly until the “emergency weekend meeting” where Gordon Brown coerced them into taking over TSB. The man was, and still is, a cretin.
Think you mean HBOS,right about Gordon Brown though, that idiot has cost the taxpayer £ Billions.
“Stick ‘em up !” ?
More like “Part yer cheeks .. oh and we charge extra for lube” ..
Bastards .. and that includes the politicians who got personally rich(er) by allowing this situation to develop ..
Don’t often see the bank manager at the teller’s desk!
This is amateur night as far as the really big scam goes and they don’t come any bigger or less reported on than the recent speech of Lord James of Blackheath in the House of Lords.
He’s not very good at presentations but the meat of his investigation is worthy of a James Bond villain.
$15 Trillion yes Trillion found it’s way into the Royal Bank of Scotland who then dolled it out to 20 European banks.
Now ask yourself a simple question why the f@ck is the taxpayer bailing out the banks when all this dosh is sloshing around.
Here’s not a bad place to start your viewing:-
http://theintelhub.com/2012/02/19/lord-james-of-blackheath-mystery-15-trillion-dollars-transferred-to-hsbc-for-royal-bank-of-scotland-connected-to-jp-morgan-and-federal-reserve/
George, if this is true then it’s obviously a game-changer, exposing this corrupt ‘emperor’s new clothes’ system that could finally be the trigger for the populace to suddenly wake up and see it for what it really is.
The fact is that the amounts are so staggeringly huge that most people are likely to dismiss it as fiction and a hoax.
But why would a Lord therefore be getting up in the House and making these comments?
And what about the evidence he has?
What’s the next step, or is everyone just happy to go back to sleep again??
Max, this seems worthy of further investigation…in my humble opinion!
Totally agree Saltimbamba…
A very quick investigation shows it to be a waste of space.
Lord James of Blackheath mentions Yohannes Riyadi. Google the name and you find that it is a name used in some high value scams. So it looks like Lord James is a mark.
Could it really be some massive government conspiracy when the government has regularly shown themselves to be incapable of organising a piss up in a brewery.
Read about this on Veterans Today. It was an ongoing investigation by Christopher Story (Edward Harle) on his worldreports.org site. They got the poor chap in the end, died in 2010.
http://www.worldreports.org/news
Interesting stuff to read at this site.
Bet Cable (bus sec) is being bribed out of Lloyds & RBS slush funds. Who appoint the auditors? Cable. What do auditors do? Report on slush funds – normally.
Did they get a £20 charge for going over their overdraft limit?
Nice picture. You should note that Lloyds Tsb & Rbs groups are not publicly owned and ‘ the public ‘ will never get to see an ounce of this money. You are all sold a good story, however it is amazing to see the appalling nature of knowledge on a UK scale via its people and media even some years on, when these banks were bailed out.
Simple ‘ instruments and tools ‘ needed here with knowledge on ‘ infrastructure vs HMT vs taxation vs ‘ intergrity and running of an entire UK financial system, coupled with controlled funtions and oversights ‘.
COMPLEX FOR SOME , ONE MINUTE FOR OTHERS. A VERY SELFISH COMMENT TO MAKE.
Moving on to this so callled scandal for some of 15 million , it is a serious allegation. Money laundering and issues like this are classed as ‘ financial crime ‘, these are words a regulater would use. It is amazing that the FSA, have not commented on this as it is ‘ on their watch ‘ and ‘ jurisdiction ‘. All banks adhere to the FSMA ( ACT !!!! ). Mmmmmm…
UK banks commited in my opinion bad behaviour or theft off public money for about 20 months just after the banks were bailed out, Quantitive Easing. Mmmm, did you here about this ?? was it ever covered in the news papers or British Papers ??..
Get the picture. This is the cruel and corrupt world we live in. I promise you that.
PLUS EST EN VOUS, good people.