Public enquiry into lloyds takeover of HBOS

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Public enquiry into lloyds takeover of HBOS

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At the height of the financial crisis in 2008 LLoydsTSB effected a takeover of HBOS with full govt approval.This has proved to be a terrible mistake for all LLoysTSB staff/customers and shareholders.There has been numerous redundancies in both banks and no dividends have been paid since the govt part bailed out the new group.The share price has also collapsed.What actually happened behind closed doors between the then labour govt and the top management at Lloyds?All staff/customers and shareholders deserve to know the full facts of this flawed takeover.

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