« Losing control | Main | Music for the weekend: The Poorest Company »

03 February 2012

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Angus McLellan

What are these "Scottish financial institutions" that might require bailing out by the Bank of England? They can only be the banks - fund managers and the like are not systemically important - but "Scottish" banks, Clydesdale and perhaps the reorganised RBS, will be retail/commercial operations. It has historically been hard - but not impossible as Hornsby's HBOS showed - for these kind of operations to fail catastrophically and it should be even more difficult now.

The comments to this entry are closed.

Top Economics Site
My Photo

Key sites and blogs

Blog powered by Typepad

Become a Fan