Scotland:
Destroying Darling's
Bank Bail-out Myth
by Gordon MacIntyre-Kemp
Chief Executive of Business for Scotland (5 March 2014)
Over and over again we hear from anti-independence campaigers (especially failed former Chancellor Alastair Darling) that an independent Scotland could not have afforded to bail out the Scottish banks. After all, Alastair knows best! He was in charge when they collapsed! His argument relies on the assertion that banks are bailed out by the taxpayers of the country in which the institution is headquartered. This simply isn't true.
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