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Sir Fred Goodwin is not a banker

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  • Angry Cat
    replied
    Re: Sir Fred Goodwin is not a banker

    BBC News -

    Leave a comment:


  • Garlok
    replied
    Re: Sir Fred Goodwin is not a banker

    Yes. It has to be remembered that an awful lot, approximately 1 million of them list membership of very secretive organisations amongst their extra curricular activities particularly those that class themselves as "professionals".

    Therefore a significant proportion of the judiciary CANNOT by oath ("on pain of death") be independent and objective where a fellow member is concerned.

    regards
    Garlok

    Leave a comment:


  • Ihaterbs
    replied
    Re: Sir Fred Goodwin is not a banker

    Me thinks a lot of funny hand shakes are going to be done.

    Real Business - RBS collapse: FSA asks Mr Whitewash to investigate

    Leave a comment:


  • Guest's Avatar
    Guest replied
    Re: Sir Fred Goodwin is not a banker

    Originally posted by charitynjw View Post
    For the Guardian reports that Twitter has revealed the name, e-mail address, and telephone number of a person who tweeted some rather critical notions about a local council in the U.K.
    The council of South Tyneside, in the rather chilly north of England, decided to petition a court in California in order to secure these details.
    Reports suggest that mounting the case in California has cost the taxpayers of South Tyneside some £75,000. Even if a forthcoming defamation action were to be successful - and it is more likely to be regarded as slander than libel - the costs of that action are relatively unlikely to be recovered from the defendant.

    I wonder if the local government standards body, Standards For England, will consider that to be a valid use of council tax payers' money; I rather doubt the local electorate will, when a councillor seeks re-election having cut services to save money.

    Leave a comment:


  • Angry Cat
    replied
    Re: Sir Fred Goodwin is not a banker

    Originally posted by leclerc View Post
    Does that mean Yes or No cos I still don't know the answer from the Peston blog?
    Leclerc, all are prohibited from sharing the information:
    BBC News - FSA to look at Goodwins alleged affair

    Therefore, one cannot provide a 'Yes or No' to your question.

    Leave a comment:


  • charitynjw
    replied
    Re: Sir Fred Goodwin is not a banker

    Originally posted by leclerc View Post
    his name was on twitter weeks ago(and as a twit myself I knew very early on), it was in the Sunday Herald in Scotland albeit the picture with the words censored over the front of the eyes.

    With regards to Sir Fred, initially we didn't know what he had a super injunction for. Only recently did we find that it was because he had an affair and yet again twitter and the www outed the name. To be honest, a super injunction is a complete waste of time in the internet age cos it holds no water.
    http://news.cnet.com/8301-17852_3-20...=2547-1_3-0-20

    One of the fun aspects of Twitter is that you can pretend to be someone else--or just make a name up for yourself--and express your true feelings about so very many things.
    However, if your feelings happen to be seen as libelous, you might now have a problem.
    For the Guardian reports that Twitter has revealed the name, e-mail address, and telephone number of a person who tweeted some rather critical notions about a local council in the U.K.
    The council of South Tyneside, in the rather chilly north of England, decided to petition a court in California in order to secure these details.
    Twitter's privacy policy does state the following: "We may disclose your information if we believe that it is reasonably necessary to comply with a law, regulation, or legal request; to protect the safety of any person; to address fraud, security, or technical issues; or to protect Twitter's rights or property......

    Also:-

    http://news.cnet.com/8301-17852_3-20...ol;mlt_related
    Last edited by charitynjw; 30th May 2011, 09:08:AM.

    Leave a comment:


  • leclerc
    replied
    Re: Sir Fred Goodwin is not a banker

    Does that mean Yes or No cos I still don't know the answer from the Peston blog?

    Leave a comment:


  • Angry Cat
    replied
    Re: Sir Fred Goodwin is not a banker

    Originally posted by leclerc View Post
    ...I have the sense that the report we will seen will be so much more of an anti climax that we will simply be bored after reading the introduction. I hope it will shed new light on the collapse of RBS but I doubt we will.
    Please, see post #26, leclerc.

    Leave a comment:


  • Angry Cat
    replied
    Re: Sir Fred Goodwin is not a banker

    Fred Goodwin 'forced' to make up staff pay - Scotland on Sunday

    ...Goodwin's reign was "the straw that broke the camel's back".

    Leave a comment:


  • leclerc
    replied
    Re: Sir Fred Goodwin is not a banker


    I'm not sure whether his affair had much to play with regards to the failure of RBS Group. I think it will be interesting to see what role the woman involved with him had in the decision making process. From what I can see, Fred Goodwin did breach RBS Group Code of Conduct but I don't see that the person he slept with having much input into the specific issue which caused the collapse, ie the buying of ABN AMRO at above market value and the fact that the part they bought was the loss making part of the business. Subsequent debt is based on Ireland which could not have been really Sir Fred's fault since they bought NatWest Group in the late 1990's and the future collapse could not have been foreseen.
    Ultimately, Sir Fred has to take the blame for the failure of RBS Group since he was the CEO in charge of the business and he was the one who specifically looked towards expansion of RBS Group. I have the sense that the report we will seen will be so much more of an anti climax that we will simply be bored after reading the introduction. I hope it will shed new light on the collapse of RBS but I doubt we will.

    Leave a comment:


  • Angry Cat
    replied
    Re: Sir Fred Goodwin is not a banker

    Andrew Tyrie, TSC Chairman said:
    'The Public has not yet had an adequate explanation of the reasons for RBS's failure. They are owed it."
    Pair bid to break the Royal Bank of Scotland deadlock | Mail Online

    Leave a comment:


  • Angry Cat
    replied
    Re: Sir Fred Goodwin is not a banker

    Goodwin's mistress fails in High Court bid - Telegraph

    The relationship between Mr Goodwin and his senior colleague is being investigated by the Financial Services Authority, the regulator, as part of a report on the collapse of the Royal Bank of Scotland.
    Sir Fred, nicknamed Fred "the shred" for his management style, presided over the near collapse of the Royal Bank of Scotland, which needed a £20 billion bail-out by the taxpayer.
    He left with a pension of £700,000 a year and a lump sum of nearly £3 million. Following a public outcry he later agreed to reduce his payout by £200,000 a year.

    Leave a comment:


  • WendyB
    replied
    Re: Sir Fred Goodwin is not a banker

    AC, I did think carefully before I hit the "submit reply" button, which is why you can see that there is a question mark after the "s" in the word "cares" A question mark has the effect of turning the phrase or statement into a question. Personally I fail to see what was so offensive in my asking a question which would lead you to rebuke me so publicly, perhaps you can expand?

    Can I also remind you that this site does actually allow freedom of speech, a privilege which you have availed yourself of on more than one occasion without, seemingly, thinking before hitting the reply button.

    The well known phrase "people in glass houses shouldn't throw stones" springs to mind.........

    Originally posted by Angry Cat View Post
    I wonder if the etiquette of not correcting people is something that used to be well-known and now isn't?
    Originally posted by Angry Cat View Post
    Please, consider your words before hitting: submit reply!

    ........as do the words "pot" and "kettle".

    Leave a comment:


  • Angry Cat
    replied
    Re: Sir Fred Goodwin is not a banker

    Originally posted by WendyB View Post
    Who cares?
    Please, consider your words before hitting: submit reply!

    Leave a comment:


  • WendyB
    replied
    Re: Sir Fred Goodwin is not a banker

    Who cares?

    Leave a comment:

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