A dinosaur feeding dinosaurs!!!
Short termism at its very best, max the return before we all fry, how clever!
RBS is state owned, since it last proved it was truly a dinosaur by trying to become extinct.
It is now kept in stasis by our taxes and mediocre management, surely we cannot support continued lending, just maintain business as usual (especially when that model will ensure the current breed goes extinct)!
As tax payers we should demand a better portfolio and some more enlightened management.