It was reported today that the RBS have paid back almost all of the £163billion of emergency loans that the government bailed them out with during the banking crisis.
While that is good news it still does not quantify or even admit that the government, ( we ), still own 82% of the shares in this bank.
If this or any other government do not want to keep on owning any such previously private entity then they are also going to have to get back the money that they spent buying up the bank's shares.
It is THIS money that, to me, is the important money !
Anybody ?
While that is good news it still does not quantify or even admit that the government, ( we ), still own 82% of the shares in this bank.
If this or any other government do not want to keep on owning any such previously private entity then they are also going to have to get back the money that they spent buying up the bank's shares.
It is THIS money that, to me, is the important money !
Anybody ?