On this day...1 year ago...........
RBS paid $100bn for ABN Amro.
For this amount it could now buy.......
1. Citibank $22.5bn
2. Morgan Stanley $10.5bn
3. Goldman Sachs $21bn
4. Merrill Lynch $12.3bn
5. Deutsche Bank $13bn
6. Barclays $12.7bn
And still have $8bn change......for which you would be able to pick up GM, Ford, Chrysler and the Honda F1 Team!
Wednesday, December 17, 2008
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