RBS traders joked about destroying housing market before crash

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The only reference to the scandal was made by Liam, who joked about his skinny jeans then, in response to something shouted by a member of the crowd, added: No more media attention, please.’ All the.

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RBS bankers ‘joked about destroying the global housing market before the financial crash and compared mortgage trading to organised crime’ US doj documents show RBS staff discussing buying ‘total garbage’ mortgages; They disguised loans to ‘look OK’ before selling them onto investors, its claimed

 · Jones is widely credited with predicting, and profiting, from the stock-market crash in October of 1987, which saw the dow jones industrial average.

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 · Traders love a crisis.. Emails show RBS bankers joked about destroying the US housing market before 2008. Royal Bank of Scotland (RBS) bankers joked about destroying the US housing market and.

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Royal Bank of Scotland (RBS) bankers joked about destroying the US housing market and senior staff described the loans they were trading as "total f***** garbage," according to transcripts released by.

Royal Bank of Scotland (RBS) traders compared their behaviour to gangsters in "Goodfellas" and joked about ruining the US housing market in the run up to the financial crisis, it has been claimed.

 · Bankers Joked About Destroying the Housing Market . From business insider: royal bank of Scotland (RBS) bankers joked about destroying the US housing market and senior staff described the loans they were trading as “total f***** garbage,” according to transcripts released by the US Department of Justice.

Guys make fun of saying everything is cute and they basically are doing exactly what they joked about as they hang out in robes. It’s the final night it’s so exciting!’ she says before going to.

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 · The US authorities also revealed that employees made light of destroying the housing market in the lead-up to the financial crash. RBS’s head trader received an email from a.