Will Lloyds TSB write off my loan I wonder?

Spikeyjaycee

Just a thought......as LTSB is now 43% owned by the tax payer of which I am one, can I ask them if I could 'cash in' my shares and write of my £8k loan with them????? Has anyone thought of actually putting this idea to the banks??

ILW

I think all taxpayers should actually be given shares in the banks we are supporting. I for one would not feel as conned and we could all have voting rights in the banks. Don't think Gordon will do it though.

Londonboy_3

Unfortunately it is a myth that the 'taxpayer' own these Banks. The State owns them - you wave goodbye to your entitlement to tax once you pay it.

simon_templar_2

The taxpayer owns nothing. The govt might have 43% stake but that means LTSB holds 57% so is the majority stake holder anyway. By all means put the idea to the bank but i imagine they will spend a long time rolling on the floor laughing.

seeya23

:rotfl:

simon_templar wrote: »

The taxpayer owns nothing. The govt might have 43% stake but that means LTSB holds 57% so is the majority stake holder anyway. By all means put the idea to the bank but i imagine they will spend a long time rolling on the floor laughing.

:rotfl::rotfl::rotfl::rotfl::rotfl: