I read an article of an interview with Michael Morley CEO of Coutts & Co. Bankers, in which he made the statement that 30 years ago Banks used to have a 'Social purpose' ......now he states, they are nothing more than a Sales Organisation!!
I was impressed that he openly admitted what all of us are thinking, we are only COMMODITIES to be traded, we are NOT Customers and it is about time that the spin doctor from the BBA admitted this instead of all the 'crap' she comes out with.
It then occurred to me that with the bailout of RBS came the thought, that I remember them taking over Natwest in Feb2000, I banked with Natwest, The Drapery, Northampton at the time, it also occured to me that Natwest owned Coutts & Co. The Queen's Banker....also David Beckham's!!
Therefore, I am correct in assuming that the UK Gov with the taxpayers money 'Bailed out the Queens Bank??'
I was impressed that he openly admitted what all of us are thinking, we are only COMMODITIES to be traded, we are NOT Customers and it is about time that the spin doctor from the BBA admitted this instead of all the 'crap' she comes out with.
It then occurred to me that with the bailout of RBS came the thought, that I remember them taking over Natwest in Feb2000, I banked with Natwest, The Drapery, Northampton at the time, it also occured to me that Natwest owned Coutts & Co. The Queen's Banker....also David Beckham's!!
Therefore, I am correct in assuming that the UK Gov with the taxpayers money 'Bailed out the Queens Bank??'
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