Another nail in the coffin of Brown's merged Lloyds/HBOS

The following is from an article in this mornings Daily Telegraph, here, on the brilliant US bailout plan conceived by US Treasury Secretary Henry Paulson which it is hoped will be passed into law today:

Although the US Treasury and Federal Reserve’s rescue fund is designed to help rescue ailing financial companies on Wall Street, Barclays, HSBC and Royal Bank of Scotland are expected to be eligible for the scheme.

Bankers said HBOS and Lloyds will not be able to dump their unwanted assets at the US taxpayer’s door as they have no US operations.

Gordon Brown's enforced marriage of Lloyds/HBOS looks ever more precarious with each passing day!

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