1 How and when do we get our money back? There are no clues in the Treasury statement. In theory, the banks will want to redeem the preference shares as quickly as possible because they are costing them 12 per cent a year 2 Why is the Government demanding that rescued banks keep loans to homebuyers at 2007 levels? It was precisely the flood of unquestioning mortgage offers of early that year that fuelled the housing boom and led to the bust 3 How will the Government check that banks are maintaining loan availability? Some analysts suggest the entire concession is more spin than substance 4 Is bank boardroom pay really being curbed? Why are there no restrictions on share options as well as cash bonuses? There appears to be nothing to stop directors being given options at favourable prices 5 How will bankers’ pay levels be...
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