GREY:ROAOF - Post by User
Comment by
edsylon Jan 07, 2009 9:24pm
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Post# 15690043
RE: RE: RE: Oilexco will survive
RE: RE: RE: Oilexco will surviveRBSwas dying and had to be bailed out by the UK government. It's amazinghow they can pull the rug from under a company like Oilexco after theywere saved.
Agreed.
This is the one aspect that puzzles the hell out of me.
How can the RBS, which is being TOLD by the UK Government(60% ownership now?) to lend and be liquid, to pull the rug out from under of a company which is the poster child of development of what has been deemed a Strategic asset by the same Government?
There is a major disconnect here.
There are SO many pieces of this puzzle we are missing.
Time will tell all.
Regards
Ed