Monday, January 19, 2009

A year ago

A little off-topic, but here's some sobering statistics (Thanks to Mr M Buck for the information).

Around this time last year RBS paid $100bn for ABN Amro. For this amount today you can buy:
  • Citibank $22.5bn
  • Morgan Stanley $10.5bn
  • Goldman Sachs $21bn
  • Merrill Lynch $12.3bn
  • Deutsche Bank $13bn
  • Barclays $12.7bn

And still have $8bn change...... with which, one would be able to pick up GM, Ford, Chrysler and the Honda F1 Team!

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