I may be missing something here, but if the government is going to pump cash into both Lloyds and HBoS, in return for shares, why does the merger between them still need to go ahead?
The rules were only waived to allow it because HBoS was thought to be about to crash. Now, presumably, the immediate danger has [...]
Read the complete post at http://flipchartfairytales.wordpress.com/2008/10/20/why-do-we-still-need-the-lloyds-hbos-merger/
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20 Oct 2008 6:40 PM
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Flip Chart Fairy Tales
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