See RBS month-end Price Verification report:

https://drive.google.com/open?id=0BzKpYGA_5moJaEY3alB2UFVXUFk

Top management falsely claims no reliable, independent market data for Oct-
2007 ABS CDO writedowns. See Lauren Rieder sign-off, on October 10 2007 e-
mail.

See other e-mail, where ABS CDO traders alert Fixed-Income Trading Head Joseph
Walsh on October 15 2007 about need for significant writedowns. See concurrent
Citi RMBS/ABS/CDO market research: <
https://drive.google.com/file/d/0BzKpYGA_5moJeTU4d0Eta0J0YjQ/view >.

Yet, RBS admitted to Reuters in 2016 that such information existed in 2007, as
"press reports, research notes and market information relating to the valuation of
SS CDOs held by other institutions".