Thanks to Gordon Brown’s ‘prudent’ handling of the economy we seem to be in the same situation as the Northern Rock debacle of last summer.
The British love queues and of course this time around there may be calls for even larger queues than last time.
“We estimate the queues around Halifax branches across the UK to be a lot bigger than the Northern Rock ones. As for Lloyds TSB queues, well, if people start queuing to take their money out of those, there may be no end to the queue lengths there — yes, we are talking literally about miles and miles of queues,” a banking expert revealed to the Daily Squib.
Paul Moore, the former head of risk at HBOS, has proof that Gordon Brown was complicit in the destruction of the banking sector.
“Gordon is out to nationalise (Sovietize) the banking sector to rid it of capitalism. To do this he will trash many peoples savings, taxpayers money as well as shareholders. Then the state can take complete control of the whole system once and for all and destroy any pretensions of a free market. Either that or Gordon’s a complete idiot with no idea of what he’s doing and is acting like a gambler who is betting the family silver on one last ditch chance,” a Whitehall source told BBC news.
There is no need to panic though. Do not rush to get your money out of these failing and crumbling institutions even though HBOS was probably worth about 10 pence when Lloyds was forced by the government to buy it for a much larger sum.
“Everything is ok dearest savers. Rest assured your money is safe with us. Do not panic and ask for your money though,” a sweating Lloyds director was quoted as saying to shareholders and savers at an impromptu press conference in central London today.