Thursday, February 26, 2009

RBS posts record £40bn pre-tax loss

What a marvellous decision, on behalf of the tax payer, for Gordon Brown to step in and spend hundreds of billions of their pounds, on propping up this disastrous zombie bank. You see, RBS was too big to fail. And let's face it, just too Scottish for our one-eyed Scottish idiot to let go, along with that other zomboid monster, HBOS, a.k.a. Halifax Bank of Scotland.

(One wonders how Godalming Bank of Surrey would have fared?)

Gordon Brown's Scottish mate, Sir Fred Goodwin, is currently drawing down his £650,000 pounds annual pension, for having presided over RBS's gargantuan loss.

So all's well.

1 comment:

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