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[personal profile] f4f3
I can't believe that the big story tonight is the bank's ex boss and his salary, instead of the £20 billion losses the bank ran up last year, and the billions we are putting into pulling them out of the fire...

Date: 2009-02-26 11:15 pm (UTC)
From: [identity profile] chickenfeet2003.livejournal.com
Are the UK guarantees that big?

Date: 2009-02-26 11:23 pm (UTC)
From: [identity profile] f4f3.livejournal.com
No, but the possible exposure is - I'd need to go off and look at the figures again, but I'm sure Peston was bandying about trillions a couple of weeks ago.

Date: 2009-03-01 12:16 pm (UTC)
From: [identity profile] f4f3.livejournal.com
I was talking out of my arse - Peston was talking about Western economies as a whole, not just the UK.

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