Bank Bail Out: How taxpayers have become major shareholders
4,270 views · Published 13 October 2008 · 3:22 · Indexed 14 October 2026
Channel: Sky News · 2008 · News & Politics
http://video.news.sky.com/skynews/video/ Gordon Brown has changed the face of banking in Britain -- effectively taking control of three of the country's biggest names with a 37-billion-pound rescue deal. The bailout gives Number 10 a huge stake in RBS, HBOS and Lloyds TSB -- with tens of millions of customers and control of almost HALF the country's mortgage market between them.
