RBS insurance bidders to show cards in May

“It will be difficult for buyout firms to compete on this one -- there is just not enough debt out there for them to meet their returns”

Insurers and buyout firms mulling bids for Royal Bank of Scotland's insurance unit are set to reveal their cards later this month, said sources familiar with the matter on Tuesday. via Reuters UK

[Sean]

RBS should negotiate with Berkshire Hathaway directly. Mr. Buffett knows the business, has the cash and doesn't get involved in the bidding process. The transaction will be done swiftly and fairly on a handshake.