Tag Archives: rbs

Monster printing, deficit cutting and seeing no bubbles but one

Stacy Summary: Gee, I wonder if they are as committed to their promise to halve deficits in 3 years as they were to their commitment three years ago to double aid to poor countries?

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Oracle of Omaha Defends Lloyd ‘Doing God’s Work’ Blankfein; Says RBS Was ‘Dumb’ to Lose $900 Million on Goldman’s Allegedly Fraudulent CDO

Stacy Summary:  I doubt RBS managers were dumb.  I’m sure they knew exactly what they were doing when they participated in this allegedly fraudulent CDO.

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RBS dumping toxic assets on Ireland

Stacy Summary: Oh dear.

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Carbon billionaires & banks where billions go to die [UPDATED]

Stacy Summary:  And I am sure Germany, China and Denmark will become superpowers for having the foresight or ability to replace the century old technologies on which we have been running our infrastructure.  If RBS ‘may’ need more cash, they will need more cash.  Think that £282 billion taxpayer funded ‘risky asset’ scheme will get tapped?

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