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The Rbs Problem

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RBS seems to be at the root of the Irish bailout and God knows what else. When we are talking about our banks' exposure to the Irish economy more than a third of that comes from RBS.

While the other banks could probably get by with a combination of hair cuts and some government buy back of toxic debt, RBS is £50 billion in that particular hole.

What can we do with the millstone that is RBS?

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Sir Frederick Anderson Goodwin CA, FCIBS, AKA Fred the Shred,[1](born 17 August 1958) is a chartered accountant who was formerly chief executive of the Royal Bank of Scotland Group (RBS). He was a major force propping up the house price Ponzi scheme in the UK that brought our economy to it's knees, but not satisfied with the spoils he looted from this wreckage lent like the demented parasite he is to fund the even greedier Irish Ponzi scheme, next benefactor of UK bailout. Whilst he has destroyed lives and will decimate living standards for at least a generation he continues to enjoy luxury that mocks those who continue to fund him though he has wrecked their lives. He is as much a traitor as those who plotted to blow us up and will now receive generous compensation. This madhouse nation rewards it's enemies whilst degrading and humiliating it's population of decent people.

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According to this, this is who we are bailing out in Ireland. Would it be so bad if these lot had a haircut?

Finally, a very large number of the banks who are Anglo Irish's bond holders, are members of something called the Euro Banking Association. All the large European, most of the large US banks, Swiss, Japanese, Nordic and some Chinese are members. The chairperson is Mr Hansjorg Nymphius of Deutsche Bank. Other board members are from JP Morgan Chase, RBS, Bank of Ireland, West LB(bankrupt), BNP Paribas, ABN Ambro, Dexia and Banco Santander.

Peter.

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Sir Frederick Anderson Goodwin CA, FCIBS, AKA Fred the Shred,[1](born 17 August 1958) is a chartered accountant who was formerly chief executive of the Royal Bank of Scotland Group (RBS). He was a major force propping up the house price Ponzi scheme in the UK that brought our economy to it's knees, but not satisfied with the spoils he looted from this wreckage lent like the demented parasite he is to fund the even greedier Irish Ponzi scheme, next benefactor of UK bailout. Whilst he has destroyed lives and will decimate living standards for at least a generation he continues to enjoy luxury that mocks those who continue to fund him though he has wrecked their lives. He is as much a traitor as those who plotted to blow us up and will now receive generous compensation. This madhouse nation rewards it's enemies whilst degrading and humiliating it's population of decent people.

Actually, he's probably done far more damage, and killed more people (if debt-related suicides are included) than terrorists have ever managed in the UK..

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Actually, he's probably done far more damage, and killed more people (if debt-related suicides are included) than terrorists have ever managed in the UK..

To be fair dogs have probably killed more people in the UK than terrorists...

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Sir Frederick Anderson Goodwin CA, FCIBS, AKA Fred the Shred,[1](born 17 August 1958) is a chartered accountant who was formerly chief executive of the Royal Bank of Scotland Group (RBS). He was a major force propping up the house price Ponzi scheme in the UK that brought our economy to it's knees, but not satisfied with the spoils he looted from this wreckage lent like the demented parasite he is to fund the even greedier Irish Ponzi scheme, next benefactor of UK bailout. Whilst he has destroyed lives and will decimate living standards for at least a generation he continues to enjoy luxury that mocks those who continue to fund him though he has wrecked their lives. He is as much a traitor as those who plotted to blow us up and will now receive generous compensation. This madhouse nation rewards it's enemies whilst degrading and humiliating it's population of decent people.
Very well said!

Are we entering another phase in the banking catastrophe, and will any fraud be discovered, I wonder?

Edited by blankster

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  • 144 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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