RBS taps UK Treasury for £25.5bn

Problems continue in major UK bank RBS...the entire story can be read here

http://www.ft.com/cms/s/0/ae796b5c-03d7-11de-845b-000077b07658.html

One wonders if such a day will arrive in the Indian banking scenario too?

Goodbye RBS

Bad scene on the banking front
http://finance.yahoo.com/news/RBS-expects-fullyear-loss-up-apf-14097594.html
RBS shares are battered from 300 pence to 13 pence...
Keep an eye for shorts on individual banks or Bank Nifty index in India as a similar story should/might unfold here....as usual keep lot sizes low and stop losses in place....
Stories unfolding now like Lehman, Satyam, RBS, Citi, Unitech are a clarion call to people of the buy-and-hold long term investor mentality.....who consider trading "risky".....keep your leverage under control and stops in place....and let the 95% people with investor mentality transfer all their wealth to the 5% with trading mentality...