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Re: The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks
weiwentg
07-05-2008, 5:52 PM | Post #2535848
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Given that these are the folks who exceeded Barclays' already excessive bid for ABN Amro's motley collection of slightly iffy banking assets, should we really be trusting RBS? the irony of it is that if they're right and the market really crashes, and if they also have to raise additional capital to bolster their questionable financial health, they'll be in trouble.
Topics
bank
Barclays
health
market
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