An occasional glimpse into the workings of the Scottish Parliament and the Scottish Executive (or comments on anything else that takes my fancy).
Lloyds Banking Group is set to distribute about £80 million in cash bonuses to staff today despite receiving a multibillion-pound bailout funded by British taxpayers.
It really is time to nationalise this industry, fix the problems and make a profit for the taxpayer some years down the line when confidence returns to the banking sector.
In the meantime open an account with your local credit union. Mine is paying out 5% on savings at the mo. It also does mortgages, ISAs, low interest loans and the like. No idea if these things are sound financial investments but at least some Goodwinesque parasite isn't lining their pockets.
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