'Exaggerating the extent of Mr Brown's role in the HBOS deal also carries risks.' remarks the Telegraph.
As one Treasury official noted: "There's a long way to go yet."
'The HBOS deal could still fall apart, possibly dooming HBOS and leaving Mr Brown's fingerprints on the biggest financial disaster in British history.'
What if the real deal was to induce the Governor of the Bank of England to continue buying in toxic mortgage waste in the interests of the entire banking sector, until after Christmas? With the added bonus of cooking Brown's goose.
Thursday, 18 September 2008
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