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Developing Story: RBS In Stamford Has Gone Dark

Tyler Durden's picture




 

Unconfirmed: RBS back up now. No idea what caused the black out, but likely a liquidity run.

 

 

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Thu, 05/20/2010 - 13:03 | 363305 Cleanclog
Cleanclog's picture

Help, I don't know what that means?

Thu, 05/20/2010 - 13:18 | 363322 hedgeless_horseman
hedgeless_horseman's picture

RBS has finally hired a black man? I hope it is Reggie.

Thu, 05/20/2010 - 13:09 | 363334 RichardP
RichardP's picture

RBS = Royal Bank of Scotland

Thu, 05/20/2010 - 13:11 | 363337 RichardP
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duplicate

Thu, 05/20/2010 - 16:55 | 363954 Betty Swallsack
Thu, 05/20/2010 - 22:38 | 364798 JuicedGamma
JuicedGamma's picture

That is what some market makers on the NYSE did to cause the flash crash.  They went dark and got the desired effect, as for RBS going dark, if RBS goes dark does anyone care?

Thu, 05/20/2010 - 13:03 | 363306 mister_x
mister_x's picture

Literally dark or market dark i.e stopped all their trading?

Thu, 05/20/2010 - 13:32 | 363401 Translational Lift
Translational Lift's picture

RBS went dark two years ago..........

Thu, 05/20/2010 - 13:04 | 363308 RobD
RobD's picture

Usually going dark is a bad thing, right?

Thu, 05/20/2010 - 13:04 | 363310 Turd Ferguson
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Broker/dealer "holiday"

Sell anything and everything you can asap.

Thu, 05/20/2010 - 13:06 | 363323 Jacob Dreizin
Jacob Dreizin's picture

Are you Richmond as in TW9?

Thu, 05/20/2010 - 13:07 | 363328 SWRichmond
SWRichmond's picture

huh?

Thu, 05/20/2010 - 13:06 | 363316 Cow
Cow's picture

Racists!!

Once you go dark, you don't go...

Thu, 05/20/2010 - 13:05 | 363319 Jacob Dreizin
Jacob Dreizin's picture

What does this mean in plain English?

Thu, 05/20/2010 - 13:05 | 363321 Hughe Crapper
Hughe Crapper's picture

Thats a liquidity crunch. How many this year?

Thu, 05/20/2010 - 13:06 | 363326 bernorange
bernorange's picture

Server failure Thursday?

Thu, 05/20/2010 - 13:06 | 363327 Sudden Debt
Sudden Debt's picture

Is RBS a pub?

Thu, 05/20/2010 - 13:16 | 363365 Hansel
Hansel's picture

No.  Pubs provide a service and enjoyment to society.

Thu, 05/20/2010 - 13:32 | 363402 Jack H Barnes
Jack H Barnes's picture

+1

Thu, 05/20/2010 - 13:35 | 363413 MsCreant
MsCreant's picture

I laughed too.

Thu, 05/20/2010 - 16:31 | 363876 Betty Swallsack
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+100.  Now imagine the voice of the character Hansel saying the above.  Huh?  Works, doesn't it?

Thu, 05/20/2010 - 21:22 | 364642 Itsalie
Itsalie's picture

or the massage parlour complex along bangkok's ratchadabisek district, favorite haunt of rich bakers and hedgies based in asia, it got burt down during the "curfew".

Thu, 05/20/2010 - 13:10 | 363339 doomandbloom
doomandbloom's picture

like Darth Vader..?

Thu, 05/20/2010 - 13:14 | 363361 MsCreant
MsCreant's picture


They are a bank. It is the definition of "outpost for evil empire."

Thu, 05/20/2010 - 13:15 | 363362 Dr. Richard Head
Dr. Richard Head's picture

Once you go red (ink that is), your ass is dead.

Thu, 05/20/2010 - 13:16 | 363364 MsCreant
MsCreant's picture

Oil slick is red too.

Thu, 05/20/2010 - 13:26 | 363386 Dr. Richard Head
Dr. Richard Head's picture

So are gingers.

I ripped all deposits from Charter One (a wholey owned RBS sub) and explained that I was removing core deposits because of RBS and theirrespective banking association lobbying in the open against the Fed audit. I also explained that I would be back for my company's deposits as well. Being on the board of the company has its perks I guess. 

The manager didn't seem to care about my measly deposits, but turned pale when I explained what company would be pulling deposits away from them because of this. 

Dr. Richard "I'm a Red-Headed Step-Child" Head

Thu, 05/20/2010 - 13:34 | 363406 MsCreant
MsCreant's picture


I salute you Sir Dr.  Never provoke an angry Red Richard Head.

My meager assets have been withdrawn for a long while now. 

Very reasonable to share your choices and my choices on an internet web site. Wonder when Bank Runs will be coming to the US?

Thu, 05/20/2010 - 13:41 | 363431 Dr. Richard Head
Dr. Richard Head's picture

Hard to say.  Many of the people that I have been talking to about what has been going on as I see it (thanks to ZH even though Marla was not happy with my default on a JP Morgan credit card (I still love her/him/it)) just glazed over.  Now, they ask me what they can do to help stop this.  The owner of this company was extremely happy that I pointed him to gold around $800 and our current retirement manager despises me. 

By the way MsCreant, you have made this ginger giggle many times.

Thu, 05/20/2010 - 13:20 | 363371 Mitchman
Mitchman's picture

Don't worry.  The SEC is on the case!

Thu, 05/20/2010 - 13:22 | 363377 SWRichmond
SWRichmond's picture

Wow, euro caught a bid.

Thu, 05/20/2010 - 13:23 | 363378 DonnieD
DonnieD's picture

Benron conducting rolling blackouts to stop the selling.

Thu, 05/20/2010 - 13:27 | 363388 MsCreant
MsCreant's picture

Why wouldn't they? Good call. +100

Makes me wanna throw dirt in their faces and then a roundhouse to the head.

Thu, 05/20/2010 - 13:39 | 363423 kote
kote's picture

Benron... good call.

Thu, 05/20/2010 - 13:30 | 363395 reading
reading's picture

wtf just happened with the euro...jeez this shit is starting to really look scary

 

Thu, 05/20/2010 - 13:43 | 363434 MsCreant
MsCreant's picture

I'm itchin to pull the trigger Gordon, itchin. Platinum has come down nicely, I was mad I did not get in at 1350. Chaos Bitches!!!!

Thu, 05/20/2010 - 16:37 | 363894 Betty Swallsack
Betty Swallsack's picture

What dum-dums are still buying gold tickets?  If the day should come that all those holding paper gold should want their gold in physical form, that'll be far worse than a run on the banks.

Thu, 05/20/2010 - 14:39 | 363502 malek
malek's picture

look at EURCHF... I'd say SNB is intervening again

Thu, 05/20/2010 - 14:47 | 363519 jmc8888
jmc8888's picture

At least they can say SOMETHING was in the 'black' today.  Don't worry, they'll be dark for good soon enough.  No way RBS or ANY of the inter-alpha banks survive the end game. 

Thu, 05/20/2010 - 14:59 | 363540 Henry Chinaski
Henry Chinaski's picture

something other than the Gulf of Mexico anyway

Thu, 05/20/2010 - 15:03 | 363551 Grand Supercycle
Grand Supercycle's picture

 

For several days I have been warning of EURUSD buying support as detected by my indicators, and this has been confirmed by the recent break out.

The proprietary indicators I use can identify trend changes before they occur.

http://stockmarket618.wordpress.com

http://www.zerohedge.com/forum/latest-market-outlook-1

Thu, 05/20/2010 - 17:48 | 364092 Mad Max
Mad Max's picture

It's always darkest just before it goes pitch black.

Do NOT follow this link or you will be banned from the site!