Royal Bank of Scotland’s continuing Achilles heel

fredgoodwinI read that rbs (my blog) will not be called that any more. It is going local and not buying junk american bonds from the Clinton’s in Goldman Sachs.  After all when you hate sellotape see what happens.

However branded it still has one computer doing the work for the local brands so next time there is an it fuckup at rbs the ‘new’ brands will still suffer.

Fred Godwin has a long legacy and  is continuing and something that still screw things up.  He will screw up those other brands for another twenty years until that single point of failure is removed.

Rearranging the deckchairs on the Titanic.

by golly but...

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