We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Mugs' game

16 Apr 2010 By Hugo Dixon

ABN Amro, and ultimately RBS, lost $841 mln in the allegedly fraudulent CDO investment concocted by Goldman. Bust German lender IKB lost $150 mln. These European banks may be mugs. But the Dutch, UK and German states, which bailed them out, will be livid if the case is proved.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)