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Professor Lawrence White explains why he does not believe the Royal Bank of Scotland will receive government subsidies to stem layoffs in its Stamford headquarters

Stamford Advocate 192 x 144
Excerpt from Stamford Advocate -- "'RBS is generally pulling back, and I don’t think there’s a lot the governor or state Legislature can do to avoid the pulling back,' said Lawrence J. White, a professor of finance at New York University. 'Trying to give them subsidies to stay is a losing bid. You can’t turn back the clock.'"

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