Bankers 62 billion in secret loans

I know I have written some articles already on Bankers - see trial and moron wankers - but the news just had me reaching for my keyboard in anger again.

It has just come to light that at the height of the banking crisis the government lent the RBS and Halifax banks an additional 62 billion pounds to prop them up. The government has come clean in a bid to avoid extra embarrassment just a scant few days before a regular audit would have unearthed the details anyway.

The loans, which were offered without any parliamentary sanction were repaid a few months later and the people loaning the banks this money - us the taxpayers - did not know we were doing it. This has to stop!

Lloyds shareholders should be fuming because they were asked to support the takeover of HBOS within this period with no knowledge of the gigantic loan stacked up that was awaiting pay back.

The whole business stinks. I still say RBS and Halifax should have been allowed to fold - its the only sensible option but there are too many in our parliament and government with vested interests in many institutions. Compare these two lists:

List of Banks that folded in UK due to the global meltdown:
Err... Errrm. None.

List of Banks that folded in America due to the global meltdown:
Commerce Bank of Southwest Florida
Pacific Coast National Bank
Orion Bank
Century Bank, F.S.B.
United Commercial Bank
Gateway Bank of St. Louis
Prosperan Bank
Home Federal Savings Bank
United Security Bank
North Houston Bank
Madisonville State Bank
Citizens National Bank
Park National Bank
Pacific National Bank
California National Bank
San Diego National Bank
Community Bank of Lemont
Bank USA, N.A.
First DuPage Bank
Riverview Community Bank
Bank of Elmwood
Flagship National Bank
Hillcrest Bank Florida
American United Bank
Partners Bank
San Joaquin Bank
Southern Colorado National Bank
Jennings State Bank
Warren Bank
Georgian Bank
Irwin Union Bank, F.S.B.
Irwin Union Bank and Trust Company
Venture Bank
Brickwell Community Bank
Corus Bank, N.A.
First State Bank
Platinum Community Bank
Vantus Bank
InBank
First Bank of Kansas City
Affinity Bank
Mainstreet Bank
Bradford Bank
Guaranty Bank
CapitalSouth Bank
First Coweta Bank
ebank
Community Bank of Nevada
Community Bank of Arizona
Union Bank, National Association
Colonial Bank
Dwelling House Savings and Loan Association
Community First Bank
Community National Bank of Sarasota County
First State Bank
Mutual Bank
First BankAmericano
Peoples Community Bank
Integrity Bank
First State Bank of Altus
Security Bank of Jones County
Security Bank of Houston County
Security Bank of Bibb County
Security Bank of North Metro
Security Bank of North Fulton
Security Bank of Gwinnett County
Waterford Village Bank
Temecula Valley Bank
Vineyard Bank
BankFirst
First Piedmont Bank
Bank of Wyoming
Founders Bank
Millennium State Bank of Texas
First National Bank of Danville
Elizabeth State Bank
Rock River Bank
First State Bank of Winchester
John Warner Bank
Mirae Bank
MetroPacific Bank
Horizon Bank
Neighborhood Community Bank
Community Bank of West Georgia
First National Bank of Anthony
Cooperative Bank
Southern Community Bank
Bank of Lincolnwood
Citizens National Bank
Strategic Capital Bank
BankUnited, FSB
Westsound Bank
America West Bank
Citizens Community Bank
Silverton Bank, NA
First Bank of Idaho
First Bank of Beverly Hills
Michigan Heritage Bank
American Southern Bank
Great Basin Bank of Nevada
American Sterling Bank
New Frontier Bank
Cape Fear Bank
Omni National Bank
TeamBank, NA
Colorado National Bank
FirstCity Bank
Freedom Bank of Georgia
Security Savings Bank
Heritage Community Bank
Silver Falls Bank
Pinnacle Bank of Oregon
Corn Belt Bank & Trust Co.
Riverside Bank of the Gulf Coast
Sherman County Bank
County Bank
Alliance Bank
FirstBank Financial Services
Ocala National Bank
Suburban FSB
MagnetBank
1st Centennial Bank
Bank of Clark County
National Bank of Commerce
Sanderson State Bank
En Español
Haven Trust Bank
First Georgia Community Bank
PFF Bank & Trust
Downey Savings & Loan
Community Bank
Security Pacific Bank
Franklin Bank, SSB
Freedom Bank
Alpha Bank & Trust
Meridian Bank
Main Street Bank
Washington Mutual Bank
Washington Mutual Bank FSB
Ameribank
Silver State Bank
En Español
Integrity Bank
Columbian Bank & Trust
First Priority Bank
First Heritage Bank, NA
First National Bank of Nevada
IndyMac Bank
First Integrity Bank, NA
ANB Financial, NA
Hume Bank
Douglass National Bank
Miami Valley Bank
NetBank
Metropolitan Savings Bank
Bank of Ephraim
Reliance Bank
Guaranty National Bank
of Tallahassee
Dollar Savings Bank
Pulaski Savings Bank
First National Bank of Blanchardville
Southern Pacific Bank
Farmers Bank of Cheneyville
Bank of Alamo
AmTrade International Bank
En Español
Universal Federal Savings Bank
Connecticut Bank of Commerce
New Century Bank
Net 1st National Bank
NextBank, NA
Oakwood Deposit Bank Co.
Bank of Sierra Blanca
Hamilton Bank, NA
En Español
Sinclair National Bank
Superior Bank, FSB
Malta National Bank
First Alliance Bank & Trust Co.
National State Bank of Metropolis
Bank of Honolulu

It is clear that the American attitude to their private banking system is much saner than ours.