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RBS repay everything

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    RBS repay everything

    yet still 80% owned by Government, + £1bn profit for tax-payer...

    No one has made much noise about this, unlike when they nearly went tits up!!

    BBC News - RBS repays £163bn emergency loans
    I didn't say it was your ******* fault, I said I was blaming you!

    #2
    Thats totally brilliant news...

    Damn, I'm going to have to go get some new rhetoric......

    Boomed??? Have we done a scandanavia and made a massive profit over the next few years!!!! 82% shareholding too.

    Oh AtW is going to have my arse... not literally, or maybe, if he'll have me.

    Comment


      #3
      Originally posted by Scoobos View Post
      Oh AtW is going to have my arse... not literally, or maybe, if he'll have me.
      Hopefully with some form of lube... For sake at least!
      I didn't say it was your ******* fault, I said I was blaming you!

      Comment


        #4
        I'll refrain from any comments on this matter

        Comment


          #5
          Originally posted by AtW View Post
          I'll refrain from any comments on this matter
          Oink flap. Oink flap. Oink flap. Oink flap. Oink flap. Oink flap.

          Whats that up there?

          Comment


            #6
            Originally posted by scooby View Post
            No one has made much noise about this, unlike when they nearly went tits up!!
            Repaying the loans was always going to be the easy part.

            Getting back our shareholder capital, now thats a different thing. Currently we are sitting on a loss of about 25Bn and there is much less hope of getting a return on that.

            Comment


              #7
              Note that they haven't actually repaid it yet: they say they will have next week.

              Presumably their uncle is sending them a Postal Order

              Comment


                #8
                Originally posted by centurian View Post
                Repaying the loans was always going to be the easy part.

                Getting back our shareholder capital, now thats a different thing. Currently we are sitting on a loss of about 25Bn and there is much less hope of getting a return on that.
                why?
                Always forgive your enemies; nothing annoys them so much.

                Comment


                  #9
                  BOOMED!

                  Lets hope the government keeps the money taps on full until RBS is sold - hopefully get a nice profit. After that the government can turn the money taps off.

                  It is always the savers who suffer.

                  Comment


                    #10
                    Originally posted by vetran View Post
                    why?
                    The Government paid for £45.5bn for an 84% stake in RBS and £20.3bn for a 43% stake in Lloyds. This is distinct from the loans.

                    84% of RBS is currently worth ~ £23bn
                    43% of Lloyds is worth ~ £10bn

                    So there is a sizeable loss involved if they were to be sold at the present moment.
                    While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'

                    Comment

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