Banks Threaten to Leave Scotland

Townhall.com ^ | September 13, 2014 | Mike Shedlock

[Kaslin]

Tale of Two Countries

Fearmongering in Scotland hits fever pitch as RBS and four other banks threaten to leave the country if Scotland votes "Yes" for independence.

In Spain, Catalans staged a huge protest in favor of independence. The Spanish government hopes Scotland will vote "No" even though it seeks to halt a Catalan vote altogether.

Let's take a close look at these stories starting with Scotland.

RBS, 4 Other Banks Warn of Relocation to England if Scots Vote Yes

[Olog-hai]

When the Kim dynasty comes out in support of Alex Salmond, you know things are bad with this so-called “independence” move.

[illiac]

The banks are only interested in how much money they can make. Period.

[Veggie Todd]

Well, bye.

[yldstrk]

key word “threaten”

[Regulator]

Dont worry. Somebody else will build a bank.

Not like you gotta be a genius to do one.

[Kaslin]

Correct

[Kaslin]

You have to have the money and investors to do it though

[truth_seeker]

“The banks are only interested in how much money they can make. Period.”

What else should they be interested, in your view?

[Tailback]

Sounds like these banks need the Iceland treatment.

[trisham]

That’s a concern.

[txrefugee]

Where the North Sea oil is? That is a laughable threat.

[illiac]

Customer service.

Protecting their customer from hacking ( it can be done, I was a former CIO at a major west cost bank).

[trisham]

The Royal Bank of Scotland has about 700 branches, and 141,000 employees.

[USFRIENDINVICTORIA]

Can someone remind me how that separatism vote in the U.S.A turned out?

[truth_seeker]

“Protecting their customer from hacking ( it can be done, I was a former CIO at a major west cost bank).”

What is the connection of that, to Scottish nationalism?

[KoRn]

Ohhh.... Now the situation must be getting REALLY desperate, if the banksters are making empty threats.

Don’t think for a second banks will leave. As long as there are people that need money, the usurious bastards will be there and happy to give it to them at 20% interest. Anyone that believes otherwise is a fool. Even if they all DID leave, there would be new ones to replace them a week later. lol

[dennisw]

What an empty threat. They are lying and bluffing. It would be humorous if the Royal Bank of Scotland leaves Scotland

[tumblindice]

[grania]

Ahhhh...what can we in the US do to get all of the big national and international banks including the Federal Reserve that gobble up the local ones to just LEAVE?

Large banks suck smaller entities....towns, cities, and even countries....dry. So leave, please!