RBS shareholders suing the bank for misleading them

The transcript discusses the anger of RBS investors, including pensioners, who are suing the bank for misleading them about its financial health before a 2008 stock sale. The lawsuit involves 12,000 investors seeking £4 billion, claiming the prospectus was flawed. Four former executives, including Fred Goodwin, are also being sued. Investors feel misled and frustrated with the current management's slow progress. The context of the 2008 financial crisis is highlighted, with deteriorating credit markets and the US housing market's decline. Personal stories of affected investors, like Johns, are shared, showing the long-term impact on their finances.

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