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By *obness OP Man
over a year ago
york |
I dont claim tounderstand this stuff. Last year rbs made a loss. This year they made a profit. They say that inacouple of years they can return to the private sector. Er, if they aremaking a profit ehy cant we,the people who own them, hang on to them? |
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By *nnyMan
over a year ago
Glasgow |
"I dont claim tounderstand this stuff. Last year rbs made a loss. This year they made a profit. They say that inacouple of years they can return to the private sector. Er, if they aremaking a profit ehy cant we,the people who own them, hang on to them?"
The losses from previous years don't just vanish. |
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I must admit I saw that on the TV news this morning and couldn't believe the arrogance of the RBS chairman.
Finally the bank in one quarter has made a profit, and he's suggesting that the government could sell the bank off next year (at a huge loss to the taxpayer) thus allowing him and his cronies to go back to doing what they want without government having any influenece over things like bonuses.
They were saying on TV that there's at least £18 Billion to be made before the taxpayer breaks even, so Mr RBS, thats your starting point, get your bank to perform well enough that the government can make that money at least, though I suspect with the bailouts given to RBS it's probably a lot more than that.
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"Doh, how silly of me. Do you mean its all basically corrupt And we the great unwashed are here just to get shafted?"
Well it doesn't work so well if you know you are being shafted. We all need to keep quiet and let the bankers get on with spending our money. |
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