Another reason to sell RBS

The Motley Fool
RBS
RBS

You might think that loyal Royal Bank of Scotland (LSE: RBS) shareholders have suffered enough. But on top of a £1.5 billion loss in the first half of the year, the government is now threatening to nationalise the bank.

At least that's what some would have us believe, prompted by a report last Thursday in the Financial Times. It looked to me like a shot across RBS's bows. But it's an equally worrying development, if the government's agenda is to press the bank to lend greater amounts in the face of the UK's deteriorating economy instead of concentrating on off-loading the shares off taxpayers' hands as soon as possible.%VIRTUAL-SkimlinksPromo%