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Letter: Illegal banking?

Wednesday, October 22, 2008, 07:30

I was always under the impression that trading whilst insolvent was a criminal activity.

Why is it then that banks can go bust without someone being charged with a criminal offence? Insolvency, to me, is having less assets than liabilities.

It looks to me as if the Government is turning a blind eye to criminality by our bankers.

COLIN D CAMPBELL Scalford Drive Wollaton Park




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