Wednesday, February 11, 2009

HBOS: Its all Sir James Crosby's fault

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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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