View Single Post
Old 01-21-2009, 06:10 PM   #3
texprofi

Join Date
Oct 2005
Posts
556
Senior Member
Default
RBS loses £28billion in a YEAR as Darling warns British economy will collapse if second bank bailout fails







Alistair Darling today warned the whole economy will collapse if his bailout of the banking system fails.



His admission came as Royal Bank of Scotland revealed it is facing losses of up to £28billion for last year, the biggest in UK corporate history.



RBS said it had lost £7 to £8billion in lending and £15 to £20billion on its stake in Dutch bank ABN Amro.

KNN you don't scare me can or not????
texprofi is offline


 

All times are GMT +1. The time now is 06:41 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Design & Developed by Amodity.com
Copyright© Amodity