Collapse of HBOS Report....
I did not agree with Building Society demutualisation but as a Halifax account holder gained a small number of shares and held on to them..... With the bank rescued from collapse by Gordon Brown and the state the value of my shares plummeted.....I still have them so interesting to read a synopsis of this report about how it truly was the bankers, who were to blame...... http://www.bbc.co.uk/news/uk-scotland-scotland-business-22037950I also have a somewhat larger number of RBS shares, inherited from my dad, who was a lifelong Natwest employee.Please have some sympathy for the ordinary bank worker who took part in share schemes either as profit sharing, pension or saving and so lost 90% of their investment.......
Iain Muir ● 4503d0 Comments