Timothy Sumer

Speaking back in October Gordon Brown says that people would take exception 3 partial proposals for bank restructuring. There have now been 3 attempts by Gordon and his band of merry muppets to restructure the banks and we are no further forward. By restructuring the banks he means throwing our tax payer money at them and hoping that some will stick. Watch our great leader here... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Gordon Brown and His Bank Bailouts: A Controversial Chapter in British Economic History Gordon Brown, the former Prime Minister of the United Kingdom, is known for his role in addressing the global financial crisis of 2008. As the crisis unfolded, Brown devised a series of bank bailouts that aimed to stabilize the UK's financial system. However, his decision to do so remains a s

Gordon Brown has changed the face of banking in Britain -- effectively taking control of three of the country's biggest names with a 37-billion-pound rescue deal. The bailout gives Number 10 a huge stake in RBS, HBOS and Lloyds TSB -- with tens of millions of customers and control of almost HALF the country's mortgage market between them.... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Over the past few years, taxpayers in England have become major shareholders in some of the country's biggest banks following a massive bank bail out in the aftermath of the global financial crisis. In 2008, the UK government nationalized RBS (Royal Bank of Scotland) with a £45 billion taxpayer-funded bail out. This meant that the government effectively became the majority shareholder, owning around 62.4% of the bank. In ad