Are the figures quoted in this liblabcon's blog post accurate? (topic: UK banks)
Source:- Bankers cost this country £456.3bn in fraud


  In the UK, where the government bailed out Royal Bank of Scotland Group Plc (RBS) and Lloyds Banking Group, the total outstanding support explicitly pledged to Britain’s banks stood at 456.3 billion pounds ($730 billion) at the end of March, or 31 percent of GDP, the National Audit Office said in a July report. The amount was down from a peak of 1.16 trillion pounds. 


Source:- Politicians had to bail the bankers out with £1.2tn, leaving the next generation with 3 times more tuition fees to pay.


  The Treasury has pledged to spend £1.2 trillion on the bail-out since the crisis began. But the real outlay has been much smaller. By March it was committed to spending £456.33bn: £123.93bn in loan or share purchases, which required an actual cash injection from the government to the banks, and £332.4bn in guarantees and liabilities. It costs taxpayers up to £5bn a year just to service the loan that the crisis incurred. 


The idea seems to be more to create noise rather than putting facts into perspective. The 2 lines in isolation are damning, but when you read the whole thing it seems to make a bit more sense. Seems more at fear mongering rather than putting the facts into perspective.