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The Fall and (Partial) Rise of Royal Bank of Scotland

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LONDON (IFR) - had little idea of exactly what he was buying when he signed off on a 20 billion ($32.3 billion) state rescue of the Royal Bank of Scotland just after 6 a.m. on Oct. 13, 2008.The collapse of Lehman Brothers four weeks before - the biggest bankruptcy in history - had sent markets into ... (Publication: Reuters Hedgeworld)

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