Friday, August 03, 2012

Faith In The Banksters

After everything that happened even I find it hard to believe that the stupidest man on the face of the planet was that stupid.
Back in the halcyon days of May 2010, George Osborne probably hoped to use the government's RBS shares as the basis for a pre-election giveaway. Now, he'd be lucky not to make a loss. Based on current trading conditions, the Treasury has already conceded that the chances of a sale of taxpayers’ shares before 2015 are "virtually nil". Indeed, so much has changed that the government is now considering the reverse: buying more shares in RBS.