How can anyone in the top 30% of management in these companies still have a job? After such monumental incompetence how have they not all been fired and their idiot boards along with them. That is the 1st thing that the government entities that are shoring them up both sides of the pond should insist on, new blood in these places is needed as clearly the incumbents are the biggest morons perhaps in the history of finance.
With all these creeping nationalizations in the UK, will the "high street banks" soon be called "downing street banks"?
I have taken a long on RBS this afternoon @ 12.6p No matter which way you look at it the opportunity is to the upside.IMHO.
RBS closed at 10.4c, down 15.10% Lloyds closed at 43.2c down 36.80% another great trading day for Alistair and Gordon, just shedding a few more billions remember Gordon sold our gold at 280... that's what I call a track record
Goodcall in the UK banks. I'm making this mistake myself, not being global enough. there are probably tons of EU banks that will go under but I keep looking for US shares to short