Anarchists warn. "This is just the start"

subarusty

This has to be the most ludicrous thread I've seen on MSE. I just don't really understand the hatred towards Fred the Shred.

As far as I can tell he made serious errors in judgment, wasted some money, fired some people and through his errors (mainly expansion and risk - which he had won awards for in the past) nearly brought down a massive bank.

Since then his bank was saved by the government who then agreed (or failed to block) a ludicrous pension deal. He was asked to let them off the bad deal and refused.

His actions have hurt people, I understand that, but can we not forgive a person his mistakes. His intentions appear to me to have been to make money for his bank and subsequently money for his family.

bluey890

subarusty wrote: »

This has to be the most ludicrous thread I've seen on MSE. I just don't really understand the hatred towards Fred the Shred.

As far as I can tell he made serious errors in judgment, wasted some money, fired some people and through his errors (mainly expansion and risk - which he had won awards for in the past) nearly brought down a massive bank.

Since then his bank was saved by the government who then agreed (or failed to block) a ludicrous pension deal. He was asked to let them off the bad deal and refused.

His actions have hurt people, I understand that, but can we not forgive a person his mistakes. His intentions appear to me to have been to make money for his bank and subsequently money for his family.

fred should gives back the money he made by gambling with other peoples money first. else his apology hasnt merit.

mewbie_2

bluey890 wrote: »

fred should gives back the money he made by gambling with other peoples money first. else his apology hasnt merit.

I missed his apology. What did he apologise for?

pickles110564

bluey890 wrote: »

fred should gives back the money he made by gambling with other peoples money first. else his apology hasnt merit.

I think you will find that it was his traders trying to line their own pockets were gambling with other peoples money.

bluey890

mewbie wrote: »

I missed his apology. What did he apologise for?

playing a game of musical chairs with other peoples money-
He apologised for "all of the distress that has been caused" but insisted RBS simply got caught out "when the music stopped".

bluey890

pickles110564 wrote: »

I think you will find that it was his traders trying to line their own pockets were gambling with other peoples money.

i don't think i will.

pickles110564

bluey890 wrote: »

i don't think i will.

I guess from your end of the Dole queue it might be a tad hard.:rotfl:

bluey890

pickles110564 wrote: »

I guess from your end of the Dole queue it might be a tad hard.:rotfl:

i earn more than u and all your sockpuppets

mewbie_2

bluey890 wrote: »

playing a game of musical chairs with other peoples money-
He apologised for "all of the distress that has been caused" but insisted RBS simply got caught out "when the music stopped".

And we are all upset about that? Why didn't he just say "yeah I did my job, it all went pear shaped thanks to that idiot Brown, and you expect me to carry the can. I'm off mate, I'm the one person in the UK with a better pension than an MP".

subarusty

The deal was a bad one for the government, not Fred's fault - he got the most he could for himself, fair enough.

I really think the wrong person is getting the blame, the government have a lot more to answer for than 1 banker.