Lloyds TSB’s acquisition of troubled HBOS, a deal brokered by Alistair Darling has been blamed for its recent downgrading by credit agency Moodys. This video gives a great introduction to the merger and we will be following up the actions of Llyods since the takeover closely to demonstrate how irresponsible capitalism is costing us a fortune in tax revenues, and whether or not the government is enabling a new and fairer system to be put in place
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