Wow!! At the time of the crash, the media constantly told us - TopicsExpress

Wow!! At the time of the crash, the media constantly told us that Barclays didnt need a taxpayer bail out at all. But in fact, Barclays Bank - yes, that English based bank - received the single biggest bail out package of any UK bank. It was just that most of it didnt come from the UK taxpayer. Instead, Barclays was bailed out to the tune of £552.32bn (at backdated exchange rates) by the US Federal Reserve and £6bn by the Qatari Government. In other words, foreign governments bailed out Barclays with more than twelve times the money the UK Government gave as capital support for RBS (£45bn).

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