RBS was selling ‘total garbage’ in lead-up to financial crisis, documents show

Bankers at Royal Bank of Scotland (RBS) admitted they were selling “total f*cking garbage” to investors and made light of destroying the housing market in the lead-up to the financial crisis, damning documents released by US authorities show.

RBS was selling ‘total garbage’ in lead-up to financial crisis, documents show
Thu, 16 Aug, 2018 - 07:00

Kalyeena Makortoff

Bankers at Royal Bank of Scotland (RBS) admitted they were selling “total f*cking garbage” to investors and made light of destroying the housing market in the lead-up to the financial crisis, damning documents released by US authorities show.

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