The British government has sold a 7.7-percent stake in Royal Bank of Scotland. Taxpayers, who bailed out the lender in the depths of the financial crisis, incurred a huge paper loss of more than two billion pounds.
from Deutsche Welle http://www.dw.com/en/uk-taxpayers-to-foot-£2-billion-bill-from-rbs-share-sale/a-44077233?maca=en-rss-en-all-1573-rdf
Tuesday, June 5, 2018
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