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Managements at RBS and Lloyds (LYG) aren't expecting the government to begin selling its stakes...

Managements at RBS and Lloyds (LYG) aren't expecting the government to begin selling its stakes (82% of RBS, 40% of Lloyds) for at least 2 more years. With an election scheduled for 2015, the government may be uninterested in booking large losses on its holdings. Dividend resumption? Also not likely for at least 2 more years.
Comments (1)
  • Ariel Aharonovich
    , contributor
    Comments (433) | Send Message
     
    2 of the worst banks out there. Clear SHORT!
    17 Nov 2012, 04:08 PM Reply Like
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