The Mudcat Café TM
Thread #134265 Message #3054532
Posted By: GUEST,Dave Eyre
16-Dec-10 - 03:42 AM
Thread Name: BS: Tory liars attack youth education
Subject: RE: BS: Tory liars attack youth education
The financial crisis was a wunch of bankers lending money they didn't have to people who couldn't afford to pay it back. (And rewarding themselves handsomely in the process - and doing their very best not to pay tax on their bonuses).
The Vodafone company had spent years arguing that putting profits through Luxembourg was legal and has set aside £2.1 billion aside in the accounts to pay when they lost the legal case.
This government settled for half of that - and now allows them to put their profits through Luxembourg.