FACEBOOK LIKES

Saturday, September 8, 2012

RBS - Inside The Bank That Ran Out Of Money

A BBC Documentary about the downfall of a once trusted institution as it became infested by greed and excessiveness , and explaining the hubris at the heart of The Royal Bank of Scotland during the boom. And the ensuing demise under Sir Fred Goodwin..One more piece in a huge puzzle of all the culprits that participated in the global financial crisis and the decisions that got them (and the rest of us) there.?

Whole economies and peoples pensions and livelihoods placed at the disposal of small, cynical, petty, megalomaniac, vain glorious men like Godwin and Applegarth who get to ride away from the field on somebody else's horse whilst everyone else dies and staggers in the trenches. Its disgusting. For such blatant disregard for his institution and his customers/shareholder assets he should be? put in prison and made to live in a one room bedsit in an economically deprived neighborhood upon release. Banks are complete rackets,? nothing more. The people who run these rackets must laugh themselves to sleep every night of the week.


View the original article here

No comments:

Post a Comment