Saturday, December 13, 2008

Attribution Missing

This came in a random email.

Just over a year ago, Royal Bank of Scotland paid
$100bn for ABN Amro (80% cash).

For that amount today, RBS could buy:

Citibank $22.5bn,
Morgan Stanley $10.5bn,
Goldman Sachs $21.0bn,
Merrill Lynch $12.3bn,
Deutsche Bank $13.0bn and
Barclays $12.7bn,

And still have $8bn change

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