Tag Archives: Hester’s Other RBS Debt Strategy : Dump It On The Taxpayers

Geoffrey West – Hester’s Other RBS Debt Strategy : Dump It On The Taxpayers – 2 October 2012

Slog ‘systemic’ scam allegation confirmed by RBS customers, NatWest smoke & mirrors fuel fears of impending doom.

Hester….always a warm welcome at the Treasury

Following yesterday’s piece about RBS (a) dumping the loan risk somewhere it can become an asset and then (b) scamming the customers involved for good measure, Sloggers wrote to me in droves about (c) RBS making sure the taxpayer gets lumbered with anything risky – aka, every mortgage everywhere once interest rates start to climb. Continue reading

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