Quote from JSSPMK:
Makes perfect sense, even though our tax money is being used as a guarantee factor.

Quote from ASusilovic:
That´s what we ware paying taxes for ! To help failing business models out of their mess !![]()
![]()
![]()
If you are in trouble and your business is large enough and utterly important for the well-being of our "democratic" macroeconomic outlook => ask your local parliament member for some "moral hazard" interpretation !![]()
Quote from JSSPMK:
If Northern Rock was allowed to go down that would be the end of Labour in government, people would have blamed the government for not intervening, they had to do it, out taxes will go up again though.

Quote from ASusilovic:
That´s what people do not understand ! Government is spending on rescuing Northern, but through the back door they will "repatriate" these "expenses" by hiking their "income base"...
Funny expression "income base"....ha, ha, ha....![]()
![]()
![]()