A 220 page introduction to all things consumer related by our own BankFodder.
Includes energy companies, mobile phone providers, retailers, banks, insurance companies,debt collection agencies, reclaim companies, secondhand car sellers, cowboy garages, cowboy builders and all the rest who put their own profits before you.
Please note: I give advice, in good faith, based on my reading and experience. Please satisfy yourself, that any advice given is accurate in content before acting upon it.
Re: Royal Bank of Scotland poised for biggest loss in UK banking history
Yeah, dont get too excited. The people who will pay the most will be those on the bottom rung of the employment ladder.
The executive morons who allowed to bank to be exposed to this kind of risk will be fine. Even if they are let go they will still leave with a massive golden handshake!
There have to be some very serious questions asked around how the CEO and top management could allow the bank to get to a point where in less than 6 months they are losing billions instead of making billions!