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Lloyds Banking Group plc Message Board

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  • darthfury78 darthfury78 Dec 25, 2011 4:07 PM Flag

    Where are other who bought at $6

    LYG is most likely going to do a 1-for-10 reverse stock split in the same manner as NBG and IRE. There is no denying that notion. Also, there is the possibility that the UK Financial regulators will require that LYG divest its interest in HBOS, which was the primary cause of LYG's woes!!! The idea of reversing the merger with HBOS might be a good thing for LYG as HBOS is the UK version of Countrywide Financial!!!

    Does anyone agrees that LYG should get rid of HBOS?

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