Friday, May 14, 2010

Differences In Perspective

I heard a report on R5 last week which said "RBS has stemmed its losses, reporting just a £248m loss in the first 3 months of 2010."

I understand that this is an improvement of almost £500m on the failing bank's losses over the same period in 2009, but I still wish to disagree with the BBC's use of the word 'stemmed' in such a blase manner.

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