It did not take long for the share price to rally slightly; as BBC News reports RBS shares closed on Tuesday at 339p, up 1.4p, or 0.4%, valuing the bank at £39.2bn.
That means some have and will make a financial killing out of the sale but it will not be the British taxpayer who will be expected to endure more austerity; it is not rocket science.
"The UK bailed out RBS in 2008 and 2009 by buying shares for £45bn and supplying it with cheap funds" at the expense of taxpayers.
Labour paid around 500p a share when it bailed out RBS and nationalised it in part. This week the British government sold a 5.4% stake in the bank for 330p a share, a 7.6p discount on Monday's closing price.
Chancellor George Osborne who likes to be touted as a man who can be trusted on the British economy and a possible future Tory leader and even P.M. made a huge mistake is pulling the shares now, or did he?
If you are looking at the sale as purely sound financial sense it is a disaster.
But if you are a leading Tory wanting to keep promises made to huge party donors in the run up to the General Election it is a great success.
If you think you smell at least one rat, consider this from a report in the FT;