Submitted on Friday 5th August 2011
Published on Monday 15th August 2011
Current status: Closed
Closed: Tuesday 15th November 2011
Signatures: 5
Don't give banks any more taxpayers money
If a bank fails then let it fail. The government should not intervene to save banks with tax payers money as they have shown that they will not lend to businesses but use the cash to shore up their own companies. Checks are already in place to reimburse savers up to £50000 for deposits in any one bank. This is considerably cheaper than trying to save a failing financial entity which only has self interest at heart.
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