Category: Lawrence Tomlinson


‘On the horizon’: UK on brink of ANOTHER catastrophic banking crash, warns insider

The Express  PUBLISHED: 12:02, Fri, Nov 6, 2015 | UPDATED: 16:43, Fri, Nov 6, 2015 BRITAIN’S banking industry has failed to learn a single lesson from the catastrophic crash that brought the economy to its knees, a senior industry figure…

Read More

RBS Goodwin’s Ego Bigger Than The Ocean

Ian Fraser Author Of Shredded Classic over-reach as Goodwin boasted about RBS’s immensity The FactSheet compiled by Andrew Wilson in February 2006 pleased RBS chief executive Fred Goodwin as it put RBS’s financial success in context. But it was also incredibly…

Read More

How Wall Street’s Bankers Stayed Out of Jail

The Atlantic William D Cohen September 2015 The probes into bank fraud leading up to the financial industry’s crash have been quietly closed. Is this justice? On May 27, in her first major prosecutorial act as the new U.S. attorney…

Read More

RBS Doomed Claims Top Economist

Herald Scotland Reported by Ian Fraser Freelance correspondent Top economist claims Edinburgh will never recover from banking collapse fall-out EDINBURGH will never recover from the failure of its two largest banks at the height of the banking crisis in 2008,…

Read More

Bad News At Bailed Out RBS Just Keeps On Coming

Bloomberg Business Donal Griffin Ambereen Choudhury RBS Investment Bank’s Loss Almost Doubles Amid Overhaul Trading revenue declines amid `uncertain’ market conditions RBS chief McEwan is winding down parts of the division Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, said…

Read More

Will RBS Ever Be Free Of Criminality? Is It Possible?

Bloomberg Business Richard Partington & Stephen Morris 30-10-2015 RBS Echoes Barclays’s Warning of Persistent Misconduct Costs Royal Bank of Scotland Group Plc said there’s a risk that costs for past misconduct will keep rising and took a restructuring charge of…

Read More

UK Bank Fraudsters Lucky This Is Not America

Bill Moyers September 17, 2013 by Joshua Holland Hundreds of Wall Street Execs Went to Prison During the Last Fraud-Fueled Bank Crisis This combination of Associated Press file photos shows, left, Patrick Kenny a Specialist of Lehman Brothers working his post…

Read More

The strange case of RBS and the vampire bankers

Herald Scotland Ian Fraser 27-10-2015 File photo dated 27/01/12 of a general view of signage outside the Royal Bank of Scotland headquarters in Edinburgh. The bank has reported a sharp fall in operating profits to £438 million for the third…

Read More

Regarding FBI probe into RBS article in The Sunday Times today 25/10/2015

SBCB quick to respond following Mark Macaskill article Regarding FBI probe into RBS story in The Sunday Times today 25/10/2015:  http://www.thesundaytimes.co.uk/sto/news/uk_news/scotland/article1624243.ece SBCB decided not to publish today’s (25/10/15) Sunday Times story about the FBI investigation into RBS. However considering the…

Read More

As You Were Boys, Business As Usual For Dysfunctional Bankers

BBC News 15 October 2015 From the section Business    Treasury waters down new rules on punishing bankers Image copyright Getty Images Bankers will not have to prove their innocence under new rules being proposed by the UK government. The…

Read More