Bank bailout with no strings attached

Posted on | November 13, 2009 | Comments Off

If you had £54bn, what would you do with it? How about lending some to a hard-up extractive company scrambling for oil in the civil-war ravaged Congo? Or maybe backing a few climate-wrecking coal power plants? Or, if that gets boring, how about supporting a mining company with plans to blast a sacred mountain that is the ancestral domain of an endangered Indian tribe?

See http://www.guardian.co.uk/business/2009/nov/05/rbs-climate-change-rights-abuses.

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Category: News
Tags: climate change > Coal > Royal Bank of Scotland > Vedanta

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The London Mining Network (LMN) is an alliance of human rights, development and environmental groups. We pledge to expose the key role of companies listed on the London Stock Exchange, London-based funders and the British Government in the promotion of unacceptable mining projects. Read more on our About page.
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