http://crackingfinance.com/2009/03/aig-recieves-170-million-as-taxpayer-bailout/ Your only stop for Business, Finance, Jobs and Insurance news. Thu, 12 Aug 2010 12:08:20 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://crackingfinance.com/2009/03/aig-recieves-170-million-as-taxpayer-bailout/comment-page-1/#comment-3013 Watch Free Movies Fri, 20 Nov 2009 08:29:06 +0000 http://crackingfinance.com/?p=164#comment-3013 Hey Hi there, your blog was on yahoo hot topics top 10 and i thought let me check out the website for knowledge gain and also to know why its one of the top 10 topic. Honestly speaking I never knew so much is happening regard this subject. I read the whole article on your site and i must say that me and my husband loved reading your post. We bookmarked your website for future reference. Thanks alot - Liz Hey Hi there, your blog was on yahoo hot topics top 10 and i thought let me check out the website for knowledge gain and also to know why its one of the top 10 topic. Honestly speaking I never knew so much is happening regard this subject. I read the whole article on your site and i must say that me and my husband loved reading your post. We bookmarked your website for future reference. Thanks alot – Liz

]]> http://crackingfinance.com/2009/03/aig-recieves-170-million-as-taxpayer-bailout/comment-page-1/#comment-2799 Equity release Sun, 01 Nov 2009 20:36:34 +0000 http://crackingfinance.com/?p=164#comment-2799 The same issues seem to prevail on this side of the pond. Bankers bonuses have dominated busiess news here for some days. The Uk government and the UK taxpayers own significant proportions of several well know UK banks. Despite the money that has been pumped into the system, governments seem unable or unwilling to tackle this matter head on. The Conservative party is more vocal on its plans to deal wth these issues should it gain power in the next genetal election which must happen before June 2010. Whether it will follow through with these ideas if it become the next government remains to be seen. Having said that, this weekend, the Uk Government has announced plans to sell off parts of the Government controlled banks to creat three new high street retail banking companies. It appears that these will concentrate on the traditional ares of savings, current acconts and mortgages. This has caused much surprise this side of the pond. Those companies already mentioned as candidates to run these new institutios include Tescos and our old friend Richard Branson's Virgin Group. This promises to be one of the most interesting develpments in banking for some considerable time. That's if you can call banking interesting! The same issues seem to prevail on this side of the pond. Bankers bonuses have dominated busiess news here for some days.
The Uk government and the UK taxpayers own significant proportions of several well know UK banks.
Despite the money that has been pumped into the system, governments seem unable or unwilling to tackle this matter head on. The Conservative party is more vocal on its plans to deal wth these issues should it gain power in the next genetal election which must happen before June 2010. Whether it will follow through with these ideas if it become the next government remains to be seen.
Having said that, this weekend, the Uk Government has announced plans to sell off parts of the Government controlled banks to creat three new high street retail banking companies. It appears that these will concentrate on the traditional ares of savings, current acconts and mortgages.
This has caused much surprise this side of the pond. Those companies already mentioned as candidates to run these new institutios include Tescos and our old friend Richard Branson’s Virgin Group. This promises to be one of the most interesting develpments in banking for some considerable time.
That’s if you can call banking interesting!

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