RBS ATM Withdrawals Were Monitored Hourly During Banking Crisis

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First Posted: 10-11-09 11:48 PM   |   Updated: 10-12-09 07:43 AM

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The Guardian:

City watchdogs were monitoring cash withdrawals from Royal Bank of Scotland every hour during the height of the banking crisis, the Guardian can reveal.

Read the whole story: The Guardian

City watchdogs were monitoring cash withdrawals from Royal Bank of Scotland every hour during the height of the banking crisis, the Guardian can reveal.
City watchdogs were monitoring cash withdrawals from Royal Bank of Scotland every hour during the height of the banking crisis, the Guardian can reveal.
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- SuperV I'm a Fan of SuperV 18 fans permalink
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Nationalize the banks in their entirety. Straighten them out, then spin them off as lots of little banks with lots of competition, and ban forever the "too big to fail" nonsense we have now.

These banks are a classic example of why anti-trust is so important to a nations economy. They are able to extort trillions from the worlds governments to save themselves, and our respective countries treasuries are damaged as a result.

    Reply    Favorite    Flag as abusive Posted 12:16 PM on 10/14/2009

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