Monday, 9 June 2014

http://www.maxkeiser.com/2014/06/rbs-bail-in-risk-danger-of-failing-due-to-100-billion-black-hole/

" According to The Independent on Sunday, a new study of the bank, which brought the UK to the brink of financial ruin, reveals RBS still has a £100 billion “black hole” in its finances due to “five broad areas of alleged criminality and wrongdoing”.
Financial journalist Ian Fraser, who wrote Shredded: Inside RBS, The Bank That Broke Britain, said: “The result has been that, at the time of writing, RBS is probably a worse bank than it was under Fred Goodwin.”   "

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