Tuesday, 3 November 2009

My heart swells with pride...

Imagine that: hot on the heels of Lloyds buying itself out of the government insurance scheme, another nationalised bank doing what needs to be done to return to profitability:

Royal Bank of Scotland, the bank rescued by the taxpayer, is to cut 3,700 jobs among its branch staff.


They don't want to be the Gorgon's bitch, either.

2 comments:

VotR said...

Bunch of fucking cunts, with our money. Massive job losses and the taxes that were paid by their workers is being handed back by the billions, £40 billion to be precise, by extra state funding.

It's like shitting through someone's letterbox, knocking on the door and asking for a receipt.

Dr Evadne said...

Am I going bonkers but...didn't Sir Dicky Branston/Virgin offer to buy out Northern Rock when it first got into trouble a year or so ago? had he been given the go ahead would that not have saved us all a few quid?

If all of the above is correct, why is Virgin now being allowed to pick up the pieces at a knock down price. I think we have all been made the victims of 'short selling' a practice that his government said it was going to try and stop!