Sunday, 17 April 2011

Banks should not be permitted to trade if they are insolvent

Only institutions that do not have credit guaranteed by the taxpayer should have the right to lend customer deposits. If the credit is guaranteed by the taxpayer all assets of the company should be seized and the firm wound down and closed.

A company that has credit guaranteed by the taxpayer should not be permitted to continue as a going concern.

No comments:

Post a Comment