"Rbs:+inside+the+bank+that+ran+out+of+money"
RBS: Inside the Bank That Ran Out of Money
The Royal Bank of Scotland was once a famous Scottish institution; a bank with a reputation for prudence. But in October 2008, less than a decade after Fred Goodwin took over as chief executive, it came within hours of collapsing. RBS later posted the biggest loss in UK corporate history - 24 billion pounds - which damaged the bank's reputation for..
