Gold leapt today from $839.00 to $863.15 per ounce
And a mere £93 billion vanished from the share value at the stock exchange. All this government action is sure filling the markets with confidence.
And what are the Tories saying. Charming George Osborne has come up with this,
"asked Alistair Darling whether he agreed that banks which pay out dividends instead of rebuilding balance sheets should be held to account by regulators".I must be stupid, but surely they will only pay dividends if they have profits. Thus they don't need to be regulated in this way.