Good to know the RBS has lent this shower an additional £80million so they can buy up dodgy debts from the banks.
Good for RBS's balance sheet. They can add this additional lending to the figures they give out about how they are helping the economy when its all about the banks helping themselves.
Lend to the leeches who then help the banks with the dodgy debts who will then pay interest on the loan to the bank for the privledge.
There is something very very wrong with this system.
I also found it interesting that the debt buying industry in the UK is the most advanced and mature of any country in the world.
Thanks you spineless gutless politicos for allowing this to grow.
Good for RBS's balance sheet. They can add this additional lending to the figures they give out about how they are helping the economy when its all about the banks helping themselves.
Lend to the leeches who then help the banks with the dodgy debts who will then pay interest on the loan to the bank for the privledge.
There is something very very wrong with this system.
I also found it interesting that the debt buying industry in the UK is the most advanced and mature of any country in the world.
Thanks you spineless gutless politicos for allowing this to grow.
Comment