RogerS
Established Member
Just a little snippet that SWMBO picked up on.
Where do you think that most of all the money that the Govt (ie you and me) has ploughed into RBS has gone?
This is the same Govt that decided that it didn't want any seats on the board of RBS...you know, light touch and all that..just what the FSA has been doing all these years and what Brown wants to continue...so no real sway as to what RBS gets up to. Govt rolled over big time because they are simply out of their depth.
This is the same RBS pulling on a daily basis the longstanding overdraft facilities that keep many small companies running which then are forced into bankruptcy despite a long term order book to die for.
So just where do you think it's gone?
I'll tell you. Loans to EDF to buy up more UK companies and loans to foreign banks. It's too depressing.
Where do you think that most of all the money that the Govt (ie you and me) has ploughed into RBS has gone?
This is the same Govt that decided that it didn't want any seats on the board of RBS...you know, light touch and all that..just what the FSA has been doing all these years and what Brown wants to continue...so no real sway as to what RBS gets up to. Govt rolled over big time because they are simply out of their depth.
This is the same RBS pulling on a daily basis the longstanding overdraft facilities that keep many small companies running which then are forced into bankruptcy despite a long term order book to die for.
So just where do you think it's gone?
I'll tell you. Loans to EDF to buy up more UK companies and loans to foreign banks. It's too depressing.
As I've only been trading for5 months this is something of a result although I've been banking with them for nearly 30 years and never gone overdrawn - yet. 
