Relevant:
- IMF bailout of Iceland is delayed until fate of UK savers’ frozen cash is resolved
- U.K. Takes Over Royal Bank of Scotland
- RBS could fail due to ‘£100bn black hole' - with British taxpayers in line to lose their entire £45bn stake
- The FSA's reasons for not pursuing Fred Goodwin make interesting reading
- Tory threat to the 'Bank of Britain' could see it torn apart
2008-04-20 — telegraph.co.uk
''The fate of RBS' plea for cash will shape the future for all Britain's banks, which must find a way to recover from an institutional addiction to financial risk-taking and debt that spun so far out of control its natural consequence was the collapse of Northern Rock.''
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