The right hon. Gentleman is right that there is no certainty about the situation, but does he accept that the biggest uncertainty has to do with the quality of the loan book, the organisation's key asset? Markets sell uncertainty, so the faster one tries to solve the problem, the bigger are the losses that may arise, with the taxpayer picking up the ticket.
Banking (Special Provisions) Bill
Proceeding contribution from
John Hemming
(Liberal Democrat)
in the House of Commons on Tuesday, 19 February 2008.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Banking (Special Provisions) Bill.
About this proceeding contribution
Reference
472 c200 Session
2007-08Chamber / Committee
House of Commons chamberSubjects
Librarians' tools
Timestamp
2023-12-15 23:09:08 +0000
URI
http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_446145
In Indexing
http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_446145
In Solr
https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_446145