Which Equals One Year’s Pay For A Hedge Fund Manager

Royal Bank of Scotland
Reeks of Bullshit (Photo: Wikipedia)

The Telegraph reports:

The European Union competition authorities could announce the penalties as early as Wednesday, with up to 10 banks, including Royal Bank of Scotland, Deutsche Bank and Societe Generale, expected to settle cases, according to the Financial Times.

$2.3B? RBS clears that on a put. Good show, lapdogs.