What a difference a year makes:

Discussion in 'Wall St. News' started by meir13, Dec 19, 2008.

  1. meir13

    meir13

    What a difference a year makes:


    Just more than 1 year ago Royal Bank of Scotland (RBS) paid $100bn for ABN Amro (80% in cash).



    For this amount, RBS could today buy:



    Citibank $22.5bn,

    Morgan Stanley $10.5bn ,

    Goldman Sachs $21.0bn,

    Merrill Lynch $12.3bn,

    Deutsche Bank $13.0bn and

    Barclays $12.7bn,



    And still have $8bn change for booze, drugs and hookers.

    Not bad at all. :D