Quote:
Originally Posted by JohnNash Quote: |
In my opinion, the banks should not be saved, there are alternatives for conducting business - the post office system could have a computer system rollout and could handle swift/iban transfers
| I wonder why Zanu- FF was banned, that seems like a brilliant post seeing that chief economist with Goldman Sachs is now saying the same thing - 3 weeks later! |
lol Zanu seems like an irrepressible type of guy
About the idea in question, did'nt we already have one of those and it was called the TSB Trustee Savings Bank ? As far as I remember, Irish Life and Permanent took them over and the deposits transferred to the new entity were 100% guaranteed by the government even post transfer to the IL&P.