Nobody can say this is a surprise surely. Last year Barclays tried to buy ABN Amro but RBS came along and trumped them. RBS felt very proud about their purchase. But ABN is a dutch investment bank and a poorly run one at that. So what do you expect they found in 2008, billions of toxic debt of course, and when it came time for 2009 corporate reporting .....oh dear
Now RBS will be nationalised and run by comrade brown. The scottish touch.
