Wednesday, February 11, 2009

HBOS: Its all Sir James Crosby's fault


Its depressing how unsurprising it is that this corporate cockweasel, who oversaw HBOS's massively unfeasible expansion that led to it being taken over by Lloyds group and becoming 43% owned by the taxpayer, is now a "key government economic advisor". He's also deputy chairman of the FSA- the body that is meant to oversee the doings of the financial sector and legislate against irresponsible practice. Talk about inmates running the bloody asylum!

I wonder, when the dust settles, how much he will have been paid for his combined services to fiscal fuckheadery and bureaucratic incompetence? Probably more than I will earn in a lifetime. And the government continue to be utterly oblivious of the growing popular backlash from every failed business and every redundancy.

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