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Goodness me, what a tale of woe. That said, even with my admittedly basic knowledge of contract law, I can see how the case against RBS was optimistic. What I can't get my head around is how on earth RBS agreed to that degree of lending / exposure. Did they not have the 'full members' enter into personal guarantees? I have clients who can't borrow £20k from the RBS without charging their business, their home and their soul. Surely there must be some breach of trust case against those who pocketed the reverse premium, created absolute financial mayhem, then beggared off.