How much would it have cost the state if Anglo was wound up?
The $4bn question .
Seriously though, this deserves a thread on its own in the GF Debates. I presume everyone with deposits at the bank would have lost them to pay the bank's creditors? There would have been a run on the other banks with people forming nice, orderly queues at every branch . Plenty trips North to go bank shopping I'd imagine. ATMs would be empty, people wouldn't get paid. The IMF would probably be in by now which may not be a bad thing...