Originally Posted by
OneRedArmy
Dragging this off topic but the bank guarantee was the right thing to do. But it needed to be accompanied by an iron fist of clearing out the senior management, forcing mergers and ensuring that SME lending was maintained.
Labour either voted no IMHO as part petulant protest (just to be different) and partly because they wanted nationalisation, which wasn't feasible in the short-term.
Burton also displayed a complete lack of grasp of her brief during this period, although this is the fault of her advisers as she can't be expected to know everything from the get go.
But, don't get me wrong, whilst I'm not fully convinced by either, I'd have either FG or Labour in in a second if it was my choice as they can't do worse than the incumbent clowns.