Bank Myth Again

MP Pat McFadyan has just talked of the disaster which would have befallen us if the government had not bought RBS. The Treasury is now apparently going to take a massive loss selling a big tranche of the shares. Combine that with the way all banks are building up their reserves and not helping to rebuild the economy, yet still paying obscene bonuses and I question that disaster mantra.

Advertisements
This entry was posted in Uncategorized by robthill. Bookmark the permalink.

About robthill

I am semi-retired ICT Staff Tutor in Dundee, Scotland and an online facilitator. The views here expressed are my own somewhat quirky feelings about the world as I see it, no doubt just as prejudiced as most other bloggers.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s