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Wednesday, August 05, 2009

Feel free to copy, there is no copyright on an anoneumouse montage.

£4 Billion Loss

Lloyds TSB who acquired HBOS at the height of the financial storm last October, has today announced a £4 Billion loss in six months.



The newly created Lloyds Banking Group, which is 43 per cent owned by the taxpayer, reported more than a five-fold rise in bad debts to £13.4 billion.

Just remember, it was the Prime Minister who played the key role in brokering the Lloyds HBOS merger.

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