Lloyds Shares Continue To Fall

Posted by Nogger - a legend in his own mind at 10:14 | Categorized as

Lloyds Banking Group shares are under pressure again this morning, having already fallen by a third on Friday after it was reveled that massive losses at subsidiary HBOS threaten to bring the bank to its knees. Shares in the beleaguered bank fell as much as 22% in early trade Monday morning.

Lloyds only took over, sorry merged with, HBOS in January in a hastily arranged deal brokered by our very own knight in shining tartan armour Gordon McBroon.

What a pig-in-a-poke that is turning out to be.