royal bank of scotland

Commentary

Governments Around the World Explore ‘Creeping Nationalization’

by Joshua Dorkin | January 19, 2009

What is happening to free-markets? What is happening to private industry? Will every industry be nationalized? After Britain announced a second bank bailout today thanks to RBS (Royal Bank of Scotland) among other things; “RBS said its losses for the full year could be as much as 28 billion pounds ($41.3 billion), which would be [...]

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