Wednesday, December 2, 2009

Restoring banking

Isn't it about time that the Bank of England and the FSA start telling the banks to get back to core business.
Why does RBS own:
Restaurants
Real Estate (not just repossessed houses)
Hotels
Designer labels
etc

Surely if they went back to basics the world will be a better place!
If they banks don't agree then slap a higher Capital ratio on their holdings

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