Peston: RBS to stay private?

amcluesent

Whisper it softly, but there's just a chance that Royal Bank of Scotland won't be nationalised after all.

Also, the HBOS takeover by Lloyds TSB is far from certain unless Clown rescinds his no divis rule.

Surely [STRIKE]Lord Haw-Haw[/STRIKE]Peston isn't biting the hand that feeds?:D

Entertainer

Have we had a discussion yet about Red Top Rob's role in reporting that meeting last Monday between the banks and the government which precipitated the bailout?

purch

This can't be true....

Esbo has already decided that the Government now OWN EVERYTHING

These FACTS are just clouding the issue :rotfl: :rotfl:

chopperharris

Fund managers both growth and income will see this as a long term addition to their funds , if they dont then quite frankly they are dumb as a stick....as opposed to brown plc.

Joe q public ord share buyer thats willing to play the long game will be stupidly rich per share....assuming of course they are using money they can afford to lose...ie betting and bottling to keep stake like a gambline junkie.

Any way this plays out will work , be it either private or govt buy up of ord shares , 20 bil is small percentage of trillions of rbs assets.Which can be paid back really soon , or indeed as reported today simply not needed.

The govt wins by not having a dead dog invested in , its browns chance to have "gold" shares on deposit rather than the gold he sold.I think he got his sums wrong on gold , but that was a quick fix for capital and he has learned that lesson.He is quickly going up in high regard in the op poles.

The fund manager wins , the long game sees them improve at least 30-50 percent year on year , and I am being very conservative.I expect they will get a return in income bonds in the 1000 percent region over ten years.

If the rbs prefers ord investor money rather than part nationalised then like baldrick "I have a cunning plan" that they should imlement beforehand if they arent thinking along those lines already.In that to get any divi ,or indeed the next divi , it would be best that those holding the rights issue shares get it first or at a prefferential higher rate....if there isnt any take up on that then there is a lot of dumb people about.If they state exactly that beforehand publicly then it would be the best for all , and highly profittable to boot.

Doomcow

not to sound so pessimistic and irrespective of anyone elses opinion/belief etc...

peston is an idiot (could be more hoity toity negative?) & so is that short bald one with the glasses on the bbc - nick robinson.

fed up seeing their faces on bbc news homepage.

i mean its not like they even write news articles but comment on what other folk write. aaah! why do they waste our license payers £££ on this.

frustration vented, thanks

[Deleted User]

purch wrote: »

This can't be true....

Esbo has already decided that the Government now OWN EVERYTHING

These FACTS are just clouding the issue :rotfl: :rotfl:

Never let the facts get in the way of a perfectly good lie.

What sort of a bank wants a 100 billion dollar tier one anyway.

Its all one big derivatives bomb of mass subprive, SIV super annuated total internal reflection with one dice of blackjack with the punters probability rather then the houses if you ask me.

A guy down the road from me said its about time scotland was bankrupt.

IT_nerd

The trick is to use "facts" that verify your lie.