Monday, February 09, 2009
Four names - 7 years each ?
The following four men appear before the UK Treasury Select Committee today.Stevenson was a former marketing consultant and quangocrat with no banking experience. Sir Tom Goodwin was a chemist who had run ICI. Mr Hornby was a marketing man who joined HBOS from Asda. Can this lack of experience in proper banking be a coincidence?
IMO: It seems to me that this emphasises the fact of lack of care, to the extent of reckless behaviour. In other words, their situation is in a sense analogous to the idea of a learner driver who knowingly drives a racing car very fast on the street. He is clearly being reckless. Under theft regulation such recklessness can amount to fraud. At least seven years each ? But will they get this from the expenses-diddling Home Secretary ? I doubt it.
The following four men appear before the UK Treasury Select Committee today.Stevenson was a former marketing consultant and quangocrat with no banking experience. Sir Tom Goodwin was a chemist who had run ICI. Mr Hornby was a marketing man who joined HBOS from Asda. Can this lack of experience in proper banking be a coincidence?
IMO: It seems to me that this emphasises the fact of lack of care, to the extent of reckless behaviour. In other words, their situation is in a sense analogous to the idea of a learner driver who knowingly drives a racing car very fast on the street. He is clearly being reckless. Under theft regulation such recklessness can amount to fraud. At least seven years each ? But will they get this from the expenses-diddling Home Secretary ? I doubt it.
# posted by uv : 5:30 PM
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