See also...

Buses of the World Buses of the World



Keywords

bus
North Yorkshire
bail-out
Wright
slump
RBS
First Bus
nationalised
nationalized
The Royal bank of Scotland
nationalisation
nationalization
sale-off
Great Britain
York
United Kingdom
machine
office
branch
bank
rescue
crisis
share
banking
collapse
economic
England
British
6 Nessgate


Authorizations, license

Visible by: Everyone
All rights reserved

118 visits

Cashing Out RBS

Cashing Out RBS
Like these two men banking at an RBS machine, shareholders have been cashing out their shares in January, 2009, for fears of the collapse of RBS.

I own 500 shares of RBS, bought after the onset of the global economic recession in 2008. I paid about £ 1,800 in 2008 at what I thought was a bargain. Boy did I learn a lesson! The shares are now worth £ 260. In my mind I wrote off the investment speculation already. It would be years before I'd recover my cost, that is assuming RBS doesn't get nationalised completely.

On 2009-01-19, shares of RBS fell to GBP £ 0.116 per share (Eur 0.13, USD $0.16). There were rumours of RBS being nationalised / nationalised completely.

Comments