Martin Vander Weyer Martin Vander Weyer

We’d all like to see Fred on the hook but RBS investors will be wiser to settle

Also in Any Other Business: In praise of Enda Kenny — how the departing Taoiseach dug Ireland out of its black hole

issue 27 May 2017

‘Fred Goodwin off the hook again,’ declared the Scottish Daily Record. That neatly summed up one strand of sentiment behind the RBS Shareholder Action Group’s battle for compensation for losses incurred in the bank’s £12 billion rights issue in 2008 — preceding its £45 billion taxpayer bailout, in which any remaining shareholder value was largely wiped out.

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