How Times Have Changed
1 year ago, RBS paid $100 Billion for ABN Amro. For this amount today, it could buy:
Citibank for $22.5B
Morgan Stanley for $10.5B
Goldman Sachs for $21B
Merrill Lynch for $12.3B
Deutsche Bank for $13B
Barclays for $12.7B
And still have $8bn change ... with which they could buy all of GM, Ford, and Chrysler.
Citibank for $22.5B
Morgan Stanley for $10.5B
Goldman Sachs for $21B
Merrill Lynch for $12.3B
Deutsche Bank for $13B
Barclays for $12.7B
And still have $8bn change ... with which they could buy all of GM, Ford, and Chrysler.

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