Quote:
Originally Posted by Osem
Did I say no English banks were involved? In was commenting on a remark about English bankers and pointing out the role Scottish banks (not to mention a Scottish Chancellor) played in the crash.
I think you'll find that the Govt. bailouts required by RBS and BOS dwarfed Northern Crock and all the others. The Scottish bank failures account for the majority of public funds which were poured into the backing system so whilst greed is universal the English really can't be blamed for everything.
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I don't disagree with you apart from the emphasis on Scottish and by the way, I'm English. All those banks were British and their seeds of their destruction were sown long before they actually failed and that was because of greedy, ignorant banking bosses not doing the most basic checks which led to their demise.
If we just carp on about them being Scottish banks it plays right into Salmond's hands. And I'm no fan of Gordon (sell off all our gold at the cheapest prices) Brown either.