Tuesday, 31 January 2012

Save a million lose a billion

 After all the political witch hunt against the boss of RBS's bonus a million in worthless shares have been saved.....well just over half a million with four hundred grand in tax lost. 

 

A great victory for unpopular political types and the mob. 

 

It's such a shame that the RBS and Lloyds TSB banks, both with serious taxpayer money invested, in the case of RBS being 87% public owned, has lost just shy of a billion pounds because of this witch hunt. 

 

Markets really don't like politicians acting illegally or interfering. 

 

Still as far as Ed Miliband is concerned its only a billion in taxpayer money. It's cheap if it garners him some votes. 

 

Pathetic. 

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