The problems caused by greed in the banking industry were predicted well before the recent credit crunch. The tax payer has been forced to bail out banks in countries that the Government has not acted fast and effectively enough. As RBS and HBOS are the largest banks in the United Kingdom it is obvious that the lack of Governmental regulations within the Banking Industry would hit these banks hardest. As soon as HBOS shares dipped Gordon Brown announced a merger with Lloyds TSB making a super bank, a merger that breaks the merger regulations. The announcement of this possible merger caused shares in both banks to tumble as money markets do not want a monopoly in UK banking.

The question is, did Gordon Brown deliberately for political reasons announce a merger that would cripple HBOS a Independent Scottish Bank to make it disappear to make Scot’s question Independence. The fact that, Westminster has announced, that if the merger does not go ahead the 13 Billion taxpayer bail out for HBOS will be withdrawn, proves the underhand Unionist Politics of Westminster. (13 Billion is only one year of Scotland’s oil money) http://www.oilofscotland.org