| T O P I C R E V I E W |
| Anubis |
Posted - 05/02/2008 : 20:48:42
Back on the Books - Housing Associations' debts accidentally nationalised?
http://www.ft.com/cms/s/0/2eebcaea-d38d-11dc-b861-0000779fd2ac.html
|
| 3 L A T E S T R E P L I E S (Newest First) |
| Miriam Binder |
Posted - 05/02/2008 : 21:18:07
quote:
Originally posted by long time no see
Yes Anubis
New Labour under Un-Elected Scottish Brown
appear to be the Worst Power ever.
The Sooner they are Kicked out the better.
Having read the article it seems to me as if this is not something that has happened but something that could happen. quote:
The federation says poor drafting gives ministers so many reserve powers to direct housing associations that it in effect "nationalises" them, turning them into public sector bodies.
If that happens, the federation says, the associations' £35bn of borrowing will come back on to the government's balance sheet.
here
I think the operative words are "If that happens". |
| Tombstone Blues |
Posted - 05/02/2008 : 21:16:26
Yep, Genghis Kahan, Caligula, Ivan The Terrible, Hitler, Stalin, Pol Pot, Blair, Brown . . .
|
| long time no see |
Posted - 05/02/2008 : 20:51:36
Yes Anubis
New Labour under Un-Elected Scottish Brown
appear to be the Worst Power ever.
The Sooner they are Kicked out the better. |
|
|
