Ask yourself this. If a bailed out bank like RBS needs to - TopicsExpress

Ask yourself this. If a bailed out bank like RBS needs to ring-fence $38 billion dollars worth of bad loans, just what is the situation at many of the weaker Spanish, French and Italian banks? This crisis is not over there are hundreds of billions in bad loans that are yet to be accounted for hidden away in side of European zombie banks. This crisis will not go away until trust in the system is returned and this means honest accounting and real markets that are free from government and central bank manipulation. theguardian/business/2013/nov/01/royal-bank-scotland-losses-internal-bad-bank-rbs

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