Great one Gideon

[RTRsBM]

http://www.bbc.co.uk/news/business-18106848

[girojim]

Never mind all that mate, there's some gypsies in the paper. Look at them gypsies grrr, make you mad don't they?

[spitfire]

Originally Posted by RTRsBM

http://www.bbc.co.uk/news/business-18106848

Done well to limit it to that. I would have let them go bust and let all those norvern munkeys lose their brass buttons they had been collecting.
Don't say the governments never do anything for the NE.

[chr1s1973]

2bn is fucking good going considering the cost it could have been.

[SuperKev]

what the fuck happen to the £11billion profit that we were supposed to get back

[walter mitty]

Originally Posted by RTRsBM

http://www.bbc.co.uk/news/business-18106848

have a word with yourself

[Arthur Mullardo]

A report months ago suggested the £25bn loan book would fetch over £30bn into the treasury over a decade...so the initial loss on NR sale would be absorbed...

[girojim]

Originally Posted by SuperKev

what the fuck happen to the £11billion profit that we were supposed to get back

Where was that from?

The banking part was sold to Branson.

The part the government held onto is the bit that has lent shit loads of money out to people who can't pay it back

[Flavonoids]

The toxic debt, well, you can't make off that, but the other bit, the functioning bit ... Branson should have been tied into ongoing profit tax until the bailout had been covered. £400+ million is easily written off by a profitable bank, we should never lose whilst the shit bearded weirdo profits.

[SuperKev]

Originally Posted by girojim

Where was that from?

The banking part was sold to Branson.

The part the government held onto is the bit that has lent shit loads of money out to people who can't pay it back

Think it was announced a few months back (around the time of the sale) that we'd get about £11B back from both organisations but it would take a few years.

I'll see if I can dig it out (mind I could be mis-remembering anarl )

Here we go