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28 November 2008 @ 11:05 am
The government now own the majority of RBS.


It seems the banks need more money, so I wonder how many independent banks and building societies will remain?
Current Mood: crazycrazy
lil-miss-moomoosical on November 28th, 2008 11:12 am (UTC)
I am a member of RBS.. I guess if the government now own the majority then it has more security, but we'll see.

Digital Ravendigitalraven on November 28th, 2008 12:15 pm (UTC)
Thank fuck I jumped from the RBS when I did...
Allanalbowsmit on November 28th, 2008 12:23 pm (UTC)
RBS also owns Natwest.

But at least the Gov'ment can effectively control RBS, and ergo it's mortgage and interest rates.
DCradiantsoul on November 28th, 2008 01:07 pm (UTC)
Not sure it will actually exercise that control though.
Allanalbowsmit on November 28th, 2008 01:44 pm (UTC)
Agreed. But from what I am aware of (Parents bank with RBS, I bank with Natwest), they're not exactly being a pain with rates like other banks have been.

Edited at 2008-11-28 01:44 pm (UTC)
pbristow on November 28th, 2008 03:24 pm (UTC)
So now I owe *the Government* all the money I don't make? Oh great. =:o{

The man in a black t-shirtduj_1arm on November 28th, 2008 09:48 pm (UTC)
So why are we posting these things here, rather than in the original and best community?
Cesycesy on December 2nd, 2008 07:51 am (UTC)
Where's the original and best community?
mimi65 on November 30th, 2008 03:26 am (UTC)
bank owned
have you seen us lately......we own ourselves and it's not doing too well.
Love the US---but not the investment gurus