Showing posts with label SNP.. Show all posts
Showing posts with label SNP.. Show all posts

Thursday 18 September 2014

How Alex Salmond cheered on his pal Fred the Shred as he ruined Royal Bank of Scotland , Daily Mail



Alex Salmond, pictured, was a strong supporter of former RBS chief executive Fred Goodwin


Alex Salmond blithely declares that an independent Scotland would be a land of milk and honey in which business magically flourishes, the economy will outgrow England’s and taxes will be slashed.

This crazily unrealistic and deeply irresponsible prospectus is very reminiscent of another Scot, whose arrogance and monumental incompetence cost British taxpayers £45 billion when they had to bail out the Royal Bank of Scotland, of which he had been boss.

Step forward Fred ‘The Shred’ Goodwin, who walked away from the wreckage of the once-proud institution with a £693,000-a-year, index-linked pension. It was his management of the Edinburgh-based bank that helped to trigger the worst recession since World War II — the financial crash in 2008.

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Today's post

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