host: has the government moved to limit pay on hsbc officials?guest: they believe you don't want to set two hundred thousand dollars. i think there really is a fear of any country, no one wants to really say you can only make this much. there is widespread belief that these structures were bonuses, getting a bonus when your company does horribly doesn't make sense. host: please turn down your tv. go ahead. caller: has michael read the reports that time magazine put out on the 25 worst people in this debacle? guest: no, i have not. caller: there were like seven people who work on this. it cleared up a lot of things for me. one of the things, was the -- i think it was a glass stiegel bill that was put in in the late 90's, and bill clinton signed it.

not by 5 billion, voluntarily hsbc and markets have agreed to increase their lending. the total increase in lending agreed to come from march 1 is 70 billion extra over what happened last year. it will begin to see the companies that will benefit from that being able to say that where rejections happen before, they are now having applications accepted. we will monitor the situation, but i assure him that 70 billion more extra money is going into lending to small businesses and homes. >> mr. speaker, pensioners and others who rely on their savings are suffering greatly from the lower interest rates needed to tackle the recession. will the prime minister explain to them what the savings women for canceled tax benefit is stuck, when if it had gone up in line with the retail price index would now be 27,000 pounds? >> and all areas we have to look at what we can afford at different times. we have done a great deal for those who are on pension credit to raise the amount of money they receive. we have done a great deal for people on working tax credit to raise the amount of m

to increase by $14 billion, northern rock by $5 billion, hsbc and barclays agreed to increase their lending, the total increase in lending that's agreed to come from march 1 is $70 billion extra over what happened last year and you'll begin to see the companies that will benefit from that be able to say that where rejections happened before when they included applications they're now having the applications accepted. we'll continue to monitor this situation but i assure him that $70 billion more extra money is going into lending to small businesses and to homes. >> so robert smith -- >> thank you, sir. >> pensioners and others who rely on their savings are suffering greatly from the low interest rates needed to tackle the recession. will the prime minister explain to them why the savings limit for canceled tax benefit is stuck at $16,000 when if it had gone up in line with the retail price index it now would be $27,000 pounds. >> mr. speaker, in all areas we've got to look at what we can afford at different times and obviously we've done a great deal for those who are on pension credit to r

they will increase their spending, northern rock by 5 million, voluntarily hsbc and bartly's have agreedto increase their lending. the total increase in lending that has been agreed to come from march the 1st is 70 billion extra over what happened last year. and you will begin to see the companies that will benefit from that being able to see when rejections when they put their applications, they are having their applications accepted. we are continuing to monitor than situation but i assure him $70 billion more extra money is coming to lending and small business in homes. >> robert smith? >> thank you, sir. mr. speaker, pensioners who rely on their savings are suffering greatly from the low interest rates needed to tackle the recession. will the prime minister explain to them why the savings limit for cancel tax benefit has stuck at 16,000 pounds if it had begun up with the retail price index it would now be 27,000 pounds. >> mr. speaker, in all areas we've got to look at what we can afford at different times. and, obviously, we have done a great deal for those who are on pension credit