Fury as City Minister Lord Myners Describes £130bn Sunk into Banks as 'Nice Little Nest-egg' 'Treasury minister Lord Myners faced anger and charges of 'complacency' by calling the Government's multi-billion bank bailout a 'nice little nest-egg' for the taxpayer. He also said he thought the worst of the financial sector crisis was over. There were immediate accusations that he was 'glossing over' the unprecedented risk to the public purse of saving the UK's stricken financial houses.' Lord Myners, previously of NM Rothschilds, Director of Natwest and Royal Bank of Scotland and chairman of tax haven based companies Aspen and Liberty Ermitage.
Tuesday, 15 September 2009
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