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Depends what you consider significant. The UK's Financial Services Compensation Scheme, which handles depositor protection, paid out over 26 billion pounds in t
by mrec 9y ago
Depends what you consider significant. The UK's Financial Services Compensation Scheme, which handles depositor protection, paid out over 26 billion pounds in the 2006-2011 period.
At the same time, though, the govt did push Lloyds TSB to take over HBOS in 2008 rather than let the latter fail.