Serves me right for wondering. Via Lloyds Action Now: Lloyds Action Now (LAN) is an association set up by shareholders for shareholders to recover our investment losses as a result of the disastrous merger of Lloyds TSB Bank with HBOS. We now know Lloyds directors and advisors, the Government, the Financial Services Authority and the Bank of England (and advisors) were fully aware of the effective bankruptcy of HBOS before the merger but nevertheless promoted it and that the Treasury […]
Tags: Banking, Incompetence, Lloyds TSB, The State