Monday, April 21, 2008

Credit crunching?

Will British banks be more careful lending £50bn of taxpayer's money than £50bn of shareholder's money!?!

4 comments:

Anonymous said...

Short answer - no.

Mark Wadsworth said...

I know a seven-year old who's come to the same conclusion.

Alfie said...

It's good to see Sir Fred Goodwin eating a bit of humble pie though. Oh yes, the boss of the RBS is looking just a tad stupid today - serves him right for being such an utter twat on his way to the top.

When he was boss of Clydesdale Bank, I once met him with various members of the PR department. (I was an outside contractor).

All the employees were terrified of him - he would sack people on the spot for nothing. I once went to a meeting with the PR manager to Goodwin's office - the guy warned me before we went in that the great man was in a bit of a tizz - and that if he swore at me then I shouldn't take it too much to heart. I told my contact that if Sir Fred said one word to me I didn't like, then I might just twat him one.....

Anyway, Goodwin was fine with me - but the PR bloke left his office ashen faced, then ran to the bogs and burst into tears....

Snafu said...

Alfie, when did PR men ever have backbones!?!