Sunday, February 14, 2010

Put your money where your mouth is?

RBS will let investors bet on property falls

"State-owned Royal Bank of Scotland plans to launch a product in the next six months that will allow investors to bet on house price falls. The product, which will be linked to Halifax’s house price index, could prove controversial because RBS, which is 84%-owned by the taxpayer and Britain’s fifth-largest lender, is inextricably linked to the health of the housing market." I'll certainly be looking for more details later.

Posted by quiet guy @ 05:05 PM (1552 views)
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One thought on “Put your money where your mouth is?

  • Have they merged with Ladbrokes?

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