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RBS shares sold at a loss


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George Osborne has announced that he plans to sell RBS shares at a loss. This is expected to be in the region of £20 billion loss to taxpayers. Is this wise ?

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I think they expected a £20 bil loss and the loss to date is iro £7 bil so that's how it's justified. Why no cheap share sell off as they mentioned about Lloyds. The other question is why give the shares back now and not wait for the loss to reduce even make a profit.

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