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FSA Fine RBS £2.8m

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  • #46
    Re: FSA Fine RBS £2.8m

    Originally posted by leclerc View Post
    Our "friend" Sir Fred and all the board paid for that bail out with their jobs irrespective of their "golden handshake"(which was poorly handled by the government at the time).


    So let me get this right:

    Goodwin 'paid' by having to forgo a highly paid job in order that he remain highly paid but without having to do the job anymore? Hardly a sacrifice.

    And it's a bit rich to blame it on the Government as it was the RBS Board that approved the level of his pension and failed disclose it to the Government prior to the bail out.

    Let's not forget that RBS were single handedly responsible for the biggest loss in UK corporate history and for that reason alone deserve special recognition.

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    • #47
      Re: FSA Fine RBS £2.8m

      I smell a rat.


      The FSA inquiry into RBS is a whitewash and a cover up | Ian Fraser

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      • #48
        Re: FSA Fine RBS £2.8m

        Originally posted by EXC View Post
        Let's not forget that RBS were single handedly responsible for the biggest loss in UK corporate history and for that reason alone deserve special recognition.
        'Reckless and Irresponsible' lending that brought this Country to its knees!

        [Quote]:
        Complete failure

        Myners said RBS had been the "worst-managed bank this country has ever seen". [End Quote]

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        • #49
          Re: FSA Fine RBS £2.8m

          Unfortunately, there are many, Rats...

          However, the FULL information will no doubt remain closeted, even though persistent queries have been raised.

          Let us not forget that those above us in secret places must keep the banks sweet.

          I, personally am Tory but feel most aggrieved about the Gov. stance re: The RBS Group

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          • #50
            Re: FSA Fine RBS £2.8m

            http://www.bbc.co.uk/news/business-12209241
            ------------------------------- merged -------------------------------
            http://uk-tv-guide.com/programme-details/BBC+2/18+January+2011/21%3A00/Britain's+Banks%3A+Too+Big+to+Save%3F/Business%20and%20Finance/
            Last edited by Angry Cat; 17th January 2011, 22:41:PM. Reason: Automerged Doublepost

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