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boxingbig | 15:07 Mon 02nd Mar 2009 | Business & Finance
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Should the government have to nationalise Lloyds TSB
would they have to pay shareholders the going price ?
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Avatar Image magicaltimes
No they do not have to pay the going price if they nationalise Lloyds.
Look at what happened to Northern Rock!! the share holders fought through the courts for decent compensation and ended up with nothing.
Railtrack was another with the same result.
Governments do not care about the small investor.
16:59 Mon 02nd Mar 2009
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Avatar Image factor-fiction
By 'the going price' do you mean the prevailing share price at the time?
No, you may get nothing. At best you'll get a token amount.
17:12 Mon 02nd Mar 2009

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