RBS

Apparently most of the bad debt that they have is overseas!

Not very surprising really is it??

no bad debt in uk thankfully

"The documents released last night on the Treasury's website also show that RBS has placed almost half of its UK small business banking loans book and 56% of its British property finance assets into the scheme."

Just the 100 pages long that. Lovely.

The Chairmans letter to shareholders makes more sense than that horrendous document although the B share element is raised up again. What do people think - one to stay away from until it looks like they are about to stand alone?