Daily Mail
"Royal Bank of Scotland is under pressure to answer claims that its traders bought £34billion of sub-prime mortgages - the toxic loans blamed for the world credit crisis - without the knowledge of board members.The purchases by traders at subsidiaries in the U.S. are being blamed for nearly destroying RBS.....By then RBS's investment banking division had about £20billion of sub-prime assets and a U.S. subsidiary, Citizens Bank, had about £14billion."
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Car production plunges by 60% to the lowest level since 1970
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