UK Parliament / Open data

Banking (Special Provisions) Bill

That might be difficult. Shareholders are shareholders, and it is difficult to discriminate between one and another. What we want to do is to try and put in place a compensation scheme that allows as much fairness as possible, consistent with the problem that the bank had run out of money and is trading today only because of Government support. We hope that as it is restructured and refocused, it can recover its position. At this stage, in the absence of the business plan, we must wait and see what the new management proposes.
Type
Proceeding contribution
Reference
472 c179 
Session
2007-08
Chamber / Committee
House of Commons chamber
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