UK lender Lloyds Banking Group PLC said Monday that it will “robustly defend the group’s position” if it is sued by shareholders over its acquisition of ailing mortgage lender HBOS PLC at the height of the financial crisis in 2008.
Lloyds to ‘robustly defend’ position if sued over HBOS buy
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Opinion: What is the public actually getting for $7.3B in housing subsidies?
The Federal Home Loan banks receive billions annually in subsidies, but are skirting their responsibility to support our nation’s housing troubles, argues Sharon Cornelissen, Director of Housing at the Consumer Federation of America.