alternatehistory.com

I'm sure that there must be a thread on this somewhere if so please tell me.(I DO remember my thread HBOS from 2013, that just had to deal with not forcing Lloyds to take it on this is meant to be more general)

WI in 2008 Brown doesn't rescue the banks. So he doesn't ram through the merger of Lloyds and HBOS and basically tells the financial institutions this is the level of regulation that you wanted (and some were arguing for less eg one certain Mr George Osborne who later blamed it all on Labour), "Deal with it".
What he does do is guarantee everyone's savings up to £85 000 and ensures that the cash machines are kept working by taking over their operation (with a limit of £200 per transaction per account per day).

Would it be financial armageddon?
(I have the sneaking suspicion that this should be in ASB but still)
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