LloydsTSB bank £3.5bn loss

Is this really a loss or are they simply showing an accounting adjustment by paying back ppi premiums which they should never have taken in the first place?
11:05 Fri 24th Feb 2012
 
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..just popped it into a big tin box in case they get a stack of PPI claims....they will too the way those NWNF lawyers are trying for a slice of it.....

No Win No Fee?..Huh..but look out cos it's a huge fee if you do win....

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