Proceeding contribution from Lord Wade of Chorlton (Conservative) in the House of Lords on Wednesday, 14 January 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Banking Bill.
Banking Bill
That is not really what I was looking for. It is clear that a number of banks are having problems and nobody knows how many toxic assets they hold. That is one of the fundamental issues. One solution might be if banks could get rid of their toxic assets and make it clear what their proper balance sheets were. Would it be possible for the Government to use this process to take hold of those toxic assets for a period and move them on in better times?
Secondary information
- Type
- Proceeding contribution
- Reference
- 706 c1247
- Session
- 2008-09
- Chamber / Committee
- House of Lords chamber
- Subjects
- Contracts Codes of practice Accountability Directors Assets Bank services Banks Competition Delegated legislation Bank of England Employment Liability EU law Financial institutions Insolvency Private sector Protection Pay Public appointments Property transfer Public sector Parliamentary scrutiny Staff Nationalisation Shares Taxation Shareholders Treasury
- Legislation
- Banking Bill 2007-08 to 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2024-01-26 18:56:09 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_518980
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