FabSwingers.com > Forums > The Lounge > RBS How will it be spent

RBS How will it be spent

Jump to: Newest in thread

By (user no longer on site) OP over a year ago

Who will benefit from the RBS fine which the taxpayer will mostly fork out for?

What will the money be spent on do you think?

Reply privately, Reply in forum +quote or View forums list

By *icketysplitsWoman over a year ago

Way over Yonder, that's where I'm bound

The Chancellor has ordered that the fine must come from the bonus pot. Given we own do much of RBS it does have a knock-on effect but not an immediate one.

The fine pays for the regulator, doesn't it?

Reply privately, Reply in forum +quote or View forums list

By (user no longer on site) OP over a year ago

£390 million. Corrrrr, gisa job.

Reply privately, Reply in forum +quote or View forums list

By (user no longer on site) OP over a year ago

and now also see Barclays has been ordered to pay a $470m (£293m) in fines and other penalties

by the US energy regulatory after being found to have manipulated the American electricity market

it is happening all the time, they are pooling it in.

Reply privately, Reply in forum +quote or View forums list

By *icketysplitsWoman over a year ago

Way over Yonder, that's where I'm bound

There was a programme on R4 earlier today about LIFFE and the deregulation of banking in the 80s. All interesting stuff.

Reply privately, Reply in forum +quote or View forums list

By *oodmessMan over a year ago

yumsville

If the fines come from any bonuses then it sounds a good deal - need more of em

Reply privately, Reply in forum +quote or View forums list

» Add a new message to this topic