RBS / Natwest / Ulster bank system Failure.
Alright folks.
have a read up.
http://news.sky.com/home/business/article/16252707
http://www.itv.com/news/story/2012-0...gry-customers/
http://www.zerohedge.com/news/rbs-at...sues-statement
http://www.independent.ie/national-n...y-3145647.html
Seems either RBS group has either a genuine system failure OR
Moody's has downgraded RBS credit rating, some margins calls were made which affected RBS liquidity and (MF global being the Precedent I.E. been done before) dipped customers funds to cover for the liquidity issue to buy time so that RBS can still function.
Thoughts comments please.
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Missing Subh (r15-r18)
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