NOW WE'LL SEE WHERE OIK OSBORNE'S LOYALTIES LIE

Yesterday Vince Cable was heralded as the saviour of the British people, appointed Minister for Business and Banking. Cable was gonna rip the banks to shreds, we were told, so the retail and casino elements of the TBTFs would be separate and the derivatives gambling would be stopped.

But it now appears that Bilderberg Bullingdon Boy Osborne is going to oversee the investigation into breaking the banks up, and the investigation is only into the 'feasibility' of breaking up such banks. The coalition was formed to serve the best interests of THE NATION, not Bilderberg, was it not?

So we still have a long time to endure, possibly an eternity. For how long will the first feasibility study take to report? And even if that does find that it is feasible to break up the banks, how long will it take to implement the break up? And will derivatives still be permitted?

This is going to be very very interesting indeed.

Personally, I think the Bilderberg fix is in...

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From http://www.guardian.co.uk/politics/2010/may/12/osborne-cable-bank-reforms


First coalition cracks emerge as Cable takes back seat to Osborne on banks

Chancellor to chair key committee and Treasury will remain in charge of banking policy and financial services sector

Vince Cable has been forced to let George Osborne take responsibility for reform of Britain's banks as the first cracks started to emerge at the top of the new coalition government.

Osborne, the newly appointed chancellor, had been quick to dismiss reports that Cable, named as the new business secretary by David Cameron today, would be in charge of an overhaul of the City and a potential break-up of the UK's major lenders. Sources close to Osborne said the Treasury was going to remain in charge of banking policy and the financial services sector, and that he would be chairing a key cabinet committee that would commission a top-level report into the feasibility of splitting the "casino" investment banking arms of banks from their mainstream high street operations.