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Banking fire sale dressed up as a merger

Analysis: It says much about the government�s need to find an urgent solution for embattled bank HBOS that it is pulling out the stops to facilitate a �merger� with Lloyds TSB.

It says much about the government's need to find an urgent solution for embattled bank HBOS that it is pulling out the stops to facilitate a "merger" with Lloyds TSB to create an institution commanding 28% of the UK mortgage market.