RBS bonus: Obscene or a nice piece of business?

One thing, I think, that is better, or at least more widely, understood in the Republic than in the UK is that the credit crunch is still screwing up almost every other well intentioned effort to get our economies moving again. This is because the banks still haven’t owned up to the extent of their bad debt, and they are barely lending anything to anyone. So far, the pattern seems to be that they keep the good (ie, unimpaired) investment …

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Serious allegations emerge from MacKenzie’s early life in Scotland

What did Conor Murphy think this morning as he read his copy of the Scottish Daily Record? If Charlie Gall is right (and so far as Slugger understands, as yet there’s been no legal challenge to what are some very grave allegations), then the Minister not only trashed the reputations of four Non Executive Directors, in order to retain  Chief Executive who so spectacularly failed in the discharge of his duties over Christmas, but that man, whom his Minister fought tooth …

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