Harringay online

Harringay, Haringey - So Good they Spelt it Twice!

HOW does a former British Building Society end up financing casinos in Las Vegas?

First you demutualise and later you merge with a Scottish bank of impeccable rectitude.

The eventual jackpot-sized losses came home to Lloyds and eventually to Muggins, the British taxpayer. Meanwhile, the bloke mainly responsible for this at HBOS has retired on £416k p.a. Who's paying for that, I wonder? You couldn't make it up!

HBOS played leading role in £11.5bn loans to US gambling industry

Article in The Guardian.

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Tags for Forum Posts: banks, casino

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