Proceeding contribution from Peter Bone (Conservative) in the House of Commons on Wednesday, 26 November 2008. It occurred during Debate on bill on Banking Bill.
Banking Bill
I can see the logic of the hon. Gentleman's opening arguments, because it is normal, when one invests a lot of money in an organisation, to put terms and conditions on to it. I am rather surprised that that has not happened with the £37 billion that we pumped into three banks. I agree with him in that regard. However, he is stretching it a little to include other banks where direct investment has not occurred.
Secondary information
- Type
- Proceeding contribution
- Reference
- 483 c823
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Disclosure of information Compensation Codes of practice Consumers Directors Assets Debts Bank services Banks Credit unions Building societies Capital Deposits Finance Liability Financial services Financial institutions Exemptions Insolvency Government assistance Financial Services Authority Private sector Protection Pay Property transfer Public sector Publicity Mutual societies Nationalisation Shares Treasury Henry VIII clauses Financial Services Compensation Scheme
- Legislation
- Banking Bill 2007-08 to 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 23:18:16 +0000
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