was born and the tory and lib dems coalition created project merlin and under the deal with the industry the heads of the taxpayer backed high street banks will receive multiroom million pound pay and bonus packages for last year the chancellor said it was time to move from retribution to recovery and agreed to water down walls which would have identified multimillion pound bank traders however under the terms of the project merlin the country's main high street banks have agreed to increase lending and provide funding for community projects in return for the government not vetoing their bonus programs it's a classic hostage situation the banks of the u.k. government hostage for ransom the u.k. government has negotiated in a peas. with terrorists this is a two to two year strategy they call terrorists who fundamentalist radical psychopaths who bomb buses or take down buildings they won't talk to them but when barclays or h.s.b.c. or h. boss or royal bank of scotland or allied irish bank in the in ireland when they come into the government and talk with these people they serve them see th