November 30, 2008

RBS is the taxpayers

Story link: RBS is the taxpayers

And in reward for taking over the banks, using our own cash, we get rate cuts; great!

I think it gives a clear indication of the strength of a bank based investment when you see that investors bought just 0.2 percent of the stock offered!

RBS is the taxpayers

The Royal Bank of Scotland (RBS) has officially become the property of the tax payer, after the government used public money to buy a 58 per cent share.

Emirates and Germany, has announced it is to acquire a 30 per cent stake in Malaysian life business, following a deal with AmAssurance.

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