Lloyds Share Sale Postponed as Market Sinks

LONDON (The Deal) -- The British government has postponed plans to sell shares in Lloyds Banking Group  to retail investors this September, in a move that may mean the public will not get a look-in at all before next May's general election. The decision leaves it open to the Treasury to sell shares to institutional investors, but a voter-pleasing sale to the public is now considered too difficult to pull off until after the bank resumes paying the dividends it was forced to suspend after a gov...