Ex-Lloyds bank bosses used 'spin and puff' in HBOS deal, court told

LONDON (Reuters) - Former bosses of Lloyds Banking Group used "spin and sales puff" to win over investors and secure a "disastrous" acquisition of rival HBOS during the credit crisis, a lawyer for thousands of shareholders told London's High Court on Wednesday.

from Reuters: Top News http://uk.reuters.com/article/uk-lloyds-hbos-shareholders/ex-lloyds-bank-bosses-used-spin-and-puff-in-hbos-deal-court-told-idUKKBN1CN299?feedType=RSS&feedName=topNews