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Making It Happen - Fred Goodwin, RBS and the men who blew up the British economy (Paperback)
Loot Price: R236
Discovery Miles 2 360
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(25%)
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Making It Happen - Fred Goodwin, RBS and the men who blew up the British economy (Paperback)
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List price R314
Loot Price R236
Discovery Miles 2 360
You Save R78 (25%)
Expected to ship within 12 - 17 working days
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An explosive, controversial account of the collapse of RBS and the
collapse of the British economy - shortlisted for FINANCIAL TIMES
AND GOLDMAN SACHSBUSINESS BOOK OF THE YEARAWARD2013. When RBS
collapsed and had to be bailed out by the taxpayer in the financial
crisis of October 2008 it played a leading role in tipping Britain
into its deepest economic downturn in seven decades. The economy
shrank, bank lending froze, and hundreds of thousands lost their
jobs. Living standards are still falling and Britons will be paying
higher taxes for decades to pay the clean-up bill. How on earth had
a small Scottish bank grown so quickly to become a global financial
giant that could do such immense damage when it collapsed? Based on
over 80 interviews and with access to diaries and papers kept by
those at the heart of the meltdown, this is the definitive account
of the RBS disaster which still casts a shadow over our economy. In
Making It Happen, senior executives, board members, Treasury
insiders and regulators reveal how the bank's mania for expansion
led it to take enormous risks its leaders didn't understand. From
the birth of the Royal Bank in 18th century Scotland, to the manic
expansion under Fred Goodwin in the middle of a mad boom and
culminating in the epoch-defining collapse, Making It Happenis the
full, extraordinary story.
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