How much could we make out of RBS?

[BoRED S2upid]

I say we I mean the government.

The government paid an average of 50.2 pence for each of the 90.6 billion RBS shares it bought to save the bank from collapse. On Thursday, the shares had closed at 47.14p.


So 90.6 billion shares if they increased to say 50p, thats a fair profit. Ok they aren't anywhere near this yet but maybe in the future. My calculator doesn't have enough 00000's to do the sums.

[BoRED S2upid]

Soovy said:

One thing is for sure, the taxpayer will make a mint here. Something which the chattering classes are too thick to realise.


"We bailed you out"


FFS.

The media doesn't help with the publics knowledge though, the Sun and the likes only report how many billions have been sunk in to bail them out. If they bothered to explain the profits were talking about it public opinion would change. But that doesn't sell papers, topless women do.