Interesting facts/stories. An "Everything Goes" Lounge for Random Knowledge
08-28-2013, 01:18 PM
True story:
Back in the early 1980's a British bank went bankrupt.
As such - the bank was nationalised.
So - the Governor of the Bank of England went down to buy the bank for the nominal payment of one pound.
Back then - the UK had £1 banknotes. As well as coins worth £1.
So - after the paper work was completed. The Governor and the former owner of the bank shook hands. And the Governor of the Bank of England handed over a £1 banknote.
"Sorry - No IOU's" replied the former owner of the bank.
![[Image: _45399009_notebearer.jpg]](http://newsimg.bbc.co.uk/media/images/45399000/jpg/_45399009_notebearer.jpg)
![[Image: AJDG64.jpg]](http://mountainjack.co.uk/wp-content/uploads/2012/12/AJDG64.jpg)
So - reaching into his pocket - the Governor of the Bank of England pulled out a £1 coin. And handed that over instead.
Back in the early 1980's a British bank went bankrupt.
As such - the bank was nationalised.
So - the Governor of the Bank of England went down to buy the bank for the nominal payment of one pound.
Back then - the UK had £1 banknotes. As well as coins worth £1.
So - after the paper work was completed. The Governor and the former owner of the bank shook hands. And the Governor of the Bank of England handed over a £1 banknote.
"Sorry - No IOU's" replied the former owner of the bank.
So - reaching into his pocket - the Governor of the Bank of England pulled out a £1 coin. And handed that over instead.