UK in talks to sell part of RBS stake to Abu Dhabi

johnny on the spot

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Joined
19 Jul 2006
Messages
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We'll buy your bank and burn it down, or something...

<a class="postlink" href="http://uk.reuters.com/article/2012/03/26/uk-rbs-britain-idUKBRE82P0SN20120326" onclick="window.open(this.href);return false;">http://uk.reuters.com/article/2012/03/2 ... SN20120326</a>
 
The Treasury said on Monday its strategy was to repair and return the bank to full health. "The government's policy has always been to return RBS to the private sector, but only when it delivers value for money for the taxpayer," it said

How is losing upto £36 billion good value for the taxpayer?
 
Rascal said:
The Treasury said on Monday its strategy was to repair and return the bank to full health. "The government's policy has always been to return RBS to the private sector, but only when it delivers value for money for the taxpayer," it said

How is losing upto £36 billion good value for the taxpayer?

Cause then we can blame it on those benefit scroungers and the immigrants, and allow the bankers to award themselves millions of bonus payments for selling the bank (that they ran into the ground), at least that is how the mail and other tory propaganda rags will sell it to the "people"
 
law74 said:
Rascal said:
The Treasury said on Monday its strategy was to repair and return the bank to full health. "The government's policy has always been to return RBS to the private sector, but only when it delivers value for money for the taxpayer," it said

How is losing upto £36 billion good value for the taxpayer?

Cause then we can blame it on those benefit scroungers and the immigrants, and allow the bankers to award themselves millions of bonus payments for selling the bank (that they ran into the ground), at least that is how the mail and other tory propaganda rags will sell it to the "people"

Thanks for clearing that up :))
 
Challenger1978 said:
A deal near current prices could see British taxpayers lose almost half their investment as RBS shares closed at 27.8 pence, compared with the state's average purchase price of 50 pence.

Lmao SWP back where are you.
They should hang on to them. It's an idiotic decision to sell now. Perfect time to buy though.
 
SWP's back said:
They should hang on to the,. It's an idiotic decision to sell now. Perfect time to buy though.

The Chancellor is becoming more idiotic by the day, so this would be no suprise.

Wonder if the potential buyers paid for supper
 
Rascal said:
SWP's back said:
They should hang on to the,. It's an idiotic decision to sell now. Perfect time to buy though.

The Chancellor is becoming more idiotic by the day, so this would be no suprise.

Wonder if the potential buyers paid for supper
Whilst I agree with your first point, your second is no difference to the hold unions have on labour.

I see not reason how selling at a loss is a good idea as they are not ploughing capital in on a monthly basis to keep RBS afloat. They should just sit on them until it's back to pre CC profits. It's madness.
 

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