Skip to main content

Proceeding contribution from John Hemming (Liberal Democrat) in the House of Commons on Tuesday, 19 February 2008. It occurred during Debate on bill and Committee of the Whole House (HC) on Banking (Special Provisions) Bill.


Banking (Special Provisions) Bill

Does the right hon. Gentleman accept that the business model that did not work was not covering the loan book by deposits and that, whatever happens tomorrow, the loan book is not going to be covered by deposits, so the same business model is being maintained?


Secondary information

Type
Proceeding contribution
Reference
472 c201 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Compensation Accountability Audit Banks Competition Building societies Bank of England Liability EU law Government assistance Financial Services Authority Economic situation Property transfer Mortgages Loans Staff Office of Fair Trading Nationalisation Regulation Stocks and shares Shareholders Takeovers Treasury Virgin Group Business plans Northern Rock Granite Sunset clauses
Legislation
Banking (Special Provisions) Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk