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Banks: what price freedom?

Started by Joelle, November 03, 2008, 04:00:16 PM

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Joelle

Banks: what price freedom?
      




What price freedom? Or at least freedom from government interference?


Barclays needs to answer that question after selling big stakes to Middle East investors rather than tap taxpayer funds. The bank is effectively paying 13 percent annual interest for at least a decade, whereas it could have paid the UK Treasury 12 percent for a few [...]
         

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