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Old 01-19-2009, 08:14 PM   #1
Fetowip

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Default Whole british economy to collapse
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.
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Old 01-20-2009, 09:05 AM   #2
FloareTraurne

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Bugger!
The Brits forgot they cannot get out of their misery by printing money the way their neighbour across the Atlantic can ...

Britannia Roasted! God Save the Queen!
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Old 01-21-2009, 06:10 PM   #3
texprofi

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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????
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Old 01-21-2009, 06:16 PM   #4
Sarah Armstrong

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KNN you don't scare me can or not????
KNS.. i'm scared too
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Old 01-27-2009, 12:27 PM   #5
thierabess

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Who gives a toss? Pommies are the worse lot.
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Old 01-28-2009, 01:13 PM   #6
Janny2006

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The problem is a crisis in confidence. Solve that and the system will be restored
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