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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: Lloyds of London

Lloyds of London stories: 3 news summaries

Lloyds CEO Vows Bonuses, Despite Bailout

CEO promises execs big paydays for
their 'terrific job'

(Newser) - The CEO of Lloyds had promised staff that they will receive bonuses even though the British banking giant is being bailed out by the government. Employees were told that Lloyds faced "very, very few restrictions" after taking up to $9.4 billion in government money, reports the Guardian.... More »

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United Kingdom Gordon Brown bonuses Britain bailout HBOS Lloyds of London Lloyds TSB

 UK's Largest Mortgage
Lender in Buyout Talks

HBOS could be sold to Lloyds as early as tomorrow

(Newser) - Britain's biggest mortgage lender, HBOS, is in advanced discussions with Lloyds about a possible buyout, reports the Financial Times. Stock in the troubled lender has yo-yoed today, falling to less than a pound a share before rocketing up and then plummeting again. While a Lloyds purchase of HBOS could trigger... More »

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bank buyout mortgage lender HBOS Lloyds of London

Did Air Ace Fossett
Fake His Death?

Questions surround disappearance

(Newser) - Air adventurer Steve Fossett may have faked his own death, reports the tabloid News of the World. No wreckage was ever found after Fossett disappeared last year in a light plane over the Nevada desert. Fossett didn't bother to wear his GPS watch—and he may have had strong motives... More »

3 Stories