fred the shred is claiming his pensio...

fred the shred is claiming his pension around 350,000 a year +annuities

Posted in the Banking Forum

A Christian

East Grinstead, UK

#1 Jun 27, 2013
old news...year 1993 ROYAL Bank of Scotland and Barclays, two of Britain's three largest banks, are understood to have a combined exposure of almost £1bn to Enron, the stricken energy trading giant which is on the verge of bankruptcy.

The figure is likely to unnerve investors who have recently marked down the shares of both banks over fears about the scale of their financial exposure. RBS has a gross exposure of around £600m to Enron, while Barclays has £300m, according to bankers close to the crisis-hit energy trading giant

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