I wasn’t going to write about this, but so many people have now mentioned it to me that I’ve decided it is worth while commenting after all…
It’s now been six months since Lloyds TSB started the processing of correcting the account they had incorrectly set up and then started billing our charity for. They’re still working on it. After all this time, you really have to wonder if they ever will get it done.
This is a bank of truly incompetent scale – no wonder they had to sell 77% of it to the government as part of a £37,000,000,000 bailout from public funds to the major banks. That’s about £800 each btw.
So what did such a bank do with all it’s ill-gotten gains from hard-working taxpayers?
They spent £40,000,000 sponsoring London 2012. As if the tax payer hadn’t paid enough for the Olympics already, Lloyds TSB are now taking our emergency bailout money and spending it on making itself a sponsor of London 2012!
Not only that, but this is only the money paid for the sponsorship deal – and one imagines that the expenses of having a party bus follow the Olympic torch around and anything else rack up to quite a bit. In fact, they’ve even made a website about everything their blowing money on this summer.
It’s absolutely unbelievable.
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Tags: bailout, banks, lloyds tsb, london 2012, olympics
This entry was posted on Wednesday, July 25th, 2012 at 7:17 am and is filed under Religion & Politics. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.