Some HBOS numbers

(Click on the chart for a larger image)

It is a strange looking institution;

Customer deposits down 9 percent

For every one pound of deposits, HBOS has two pounds of loans.

Last year, HBOS accumulated a ₤10.8 billion loss.

It wasn't so long ago that the FSA was threatening to investigate anyone who questioned the viability of HBOS. It was groundless rumour mongering.

Is it fair to say that without government support and the Lloyds merger that HBOS would now be bankrupt?