Blog posts tagged "Treasury"

July 16, 2009 10:46 am No Comments

So today we get a squint at the new regulations that MAY be brought in to guard against the greed, ignorance and arrogance that brought about the banking melt down and consequent financial crisis last year. Sir David Walker’s interim report lands on the chancellor’s desk today. It is said to reveal the unbelievable lack [...]

March 18, 2009 5:05 pm No Comments

AIG, the US insurer which got through $170bn of taxpayers’ money in order to survive and then had the cheek to pay $165m of it to dozens of senior executives, is up before a congressional committee today.

March 12, 2009 3:55 pm 5 Comments

I blogged earlier this week about the possibility that our disgraced bank bosses had signed “gagging orders” as part of their severance deals, stopping them from talking about what happened to the banks on their watch (earlier this week we asked RBS and Lloyds TSB to confirm or deny this, but they have yet to [...]

February 26, 2009 12:15 pm No Comments

I turn on the radio to find that the government is launching a fund to sap up the toxic debts of the banks. Not just the banks we own, but others too. Is it still beyond the realms of reason to ask whether some of these specific debts could not be unwound to find out [...]