Back in the halcyon days of May 2010, George Osborne probably hoped to use the government's RBS shares as the basis for a pre-election giveaway. Now, he'd be lucky not to make a loss. Based on current trading conditions, the Treasury has already conceded that the chances of a sale of taxpayers’ shares before 2015 are "virtually nil". Indeed, so much has changed that the government is now considering the reverse: buying more shares in RBS.
Friday, August 03, 2012
Faith In The Banksters
After everything that happened even I find it hard to believe that the stupidest man on the face of the planet was that stupid.