HBOS confirms Lloyds merger talks

The BBC was right, they are in "advanced talks" to see if they can merge the two businesses. Both the Treasury and Financial Services Authority (FSA) say a deal will ease concerns about the health of the UK banking sector. Maybe. But it would be nice to see a few rogues hung out to dry!

I'm beginning to think that come the US Presidential Election, where the Bush propensity for nationalisation will be an issue, and the forthcoming UK General Election, where the Brown propensity for dithering and dodgy financial administration will be an issue, the voters should TAKE CONTROL!!!

What was that about "We the people"?

Posted in: banks,credit crunch,HBOS,Lloyds TSB,mergers