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Tag Archives: Royal Bank of Scotland
Royal Bank of Scotland Implodes; ‘Depression’ Like the 1930s Foreseen
The Royal Bank of Scotland (RBS) will reportedly soon announce it will be cutting many thousands of jobs amid financial losses of tens of billions. The majority government- owned bank was recently so highly leveraged that, though essentially worthless, its … Continue reading
Burning the Bondholders – That’s Irish for Glass-Steagall!
Ahead of the report to be issued sometime this week by the British Parliamentary Commission on Banking Standards, BBC business editor Robert Peston has suggested that “another, more radical option is also being assessed by the Treasury”. This would involve … Continue reading
“Any decision on Ulster Bank must protect customers not British Treasury” – McKay
June 6th, 2013 (Sinn Féin news) North Antrim – Daithí McKay Commenting on speculation that the British Treasury is considering off-loading the Ulster Bank from the liabilities of its parent company, Royal Bank of Scotland (RBS), Sinn Féin Economy Spokesperson … Continue reading
Bad Day for the Banksters and Their Fellow Travelers
Despite the seemingly unlimited human sacrifices willingly offered to the banking gods by stupid and morally bankrupt governments, notably our own, the banksters and their fellow travelers continue apace with their gambling and wanton criminality, bringing us ever closer to … Continue reading
Posted in Austerity & Bank Bailouts, Glass Steagall
Tagged austerity and bank bailouts, British Financial Empire, City of London, financial criminals, Glass Steagall, Inter Alpha Group, murderous austerity, Pecora Commission, Royal Bank of Scotland, Swiss bankers, Ulster Bank, Wall St
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