The only game in town
Alex Neil MSP today put together a consortium - or more accurately, a sort of a consortium - to try to acquire the Bank of Scotland bit of HBOS.
At least someone is trying to do something to safeguard the jobs.
Alex Neil - or the other members of the consortium - must know that they are probably on a hiding to nothing attempting to dismember a bank that has been sold at a knock-down price to another bank. Lloyds TSB have got the bargain of the year, and they are not going to allow that vast prize (and the bonuses that will go with it) to slip away.
It is a shame that Alex Neil's move has been so thoroughly trashed by Alex Salmond, before it has a chance to move forward, when he declares that the takeover is a fait accompli, and 'the only game in town.'
Such is today's modern reality of where we are at, that what would hav been used as leverage yesterday is cast aside today.
At least someone is trying to do something to safeguard the jobs.
Alex Neil - or the other members of the consortium - must know that they are probably on a hiding to nothing attempting to dismember a bank that has been sold at a knock-down price to another bank. Lloyds TSB have got the bargain of the year, and they are not going to allow that vast prize (and the bonuses that will go with it) to slip away.
It is a shame that Alex Neil's move has been so thoroughly trashed by Alex Salmond, before it has a chance to move forward, when he declares that the takeover is a fait accompli, and 'the only game in town.'
Such is today's modern reality of where we are at, that what would hav been used as leverage yesterday is cast aside today.
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