• 08 Aug 2008 at 9:32 AM
  • FOREX

RBS Proud Of Important Learning, Character Building Experience
Reports Losing Shit-Ton Of Money

By Bess Levin

The Royal Bank of Scotland reported losses of 761 million pounds today, due to a 5.9 billion pound writedown on risky assets. Chief executive officer Fred Goodwin described the bad news as “a chastening experience” that every bank should go through at least once. Soon to be laid off employees? Shareholders? What’s your take on the sitch?
RBS suffers first-ever loss after $11 bln writedown [Reuters]

Comments (9)

  1. 1
    Posted by guest | August 8, 2008 at 9:39 AM

    lolzies

  2. 2
    Posted by guest | August 8, 2008 at 10:36 AM

    Do I need to change my conversion chart to reflect shit-ton = 761 million pounds?

  3. 3
    Posted by guest | August 8, 2008 at 10:45 AM

    bess is starting to become my escape from work.

  4. 4
    Posted by Anal_yst | August 8, 2008 at 10:57 AM

    @3
    welcome to the club

  5. 5
    Posted by guest | August 8, 2008 at 11:07 AM

    @3, I second that…

  6. 6
    Posted by guest | August 8, 2008 at 11:53 AM

    Bess is the new Dorothy Parker.

  7. 7
    Posted by guest | August 8, 2008 at 1:45 PM

    I would like to stick a red hot poker up Fred Goodwin’s anus and see if he finds that equally “chastening,” something everyone should experience once.

  8. 8
    Posted by guest | August 8, 2008 at 2:06 PM

    Bess is the new Hunter Thompson.

  9. 9
    Posted by guest | August 8, 2008 at 3:50 PM

    @2 – so I wonder what the difference between a short-shit-ton and a long-shit-ton is?

Leave a comment

You can log in with your account or comment as a guest below.

   or