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UK banks sitting on £40bn of undeclared losses

By: capt_nemo in ROUND | Recommend this post (0)
Wed, 06 Jun 12 9:15 AM | 45 view(s)
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Britain's banks are sitting on a £40bn black hole of undeclared losses that are preventing them from making vital loans to businesses and households.

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9312513/UK-banks-sitting-on-40bn-of-undeclared-losses.html




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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