‘Once the public health crisis of COVID-19 is over, it might yet expose the flaws in this capital-led economy just as it has exposed the inadequacies of our public health systems that has suffered from under-investment over a decade of austerity.’
‘The ruin of the City of Glasgow Bank was the biggest collapse in British banking history – until 2008. Its story contains salutary lessons for bankers in any age…
‘What we have done is to allow the banks to get away with this scot-free and, in the crisis that was caused, we have made the poor pay for it and we have made them do that through cutting benefits, through austerity, through cutting government spending generally, but also through Quantitative Easing (QE)..’
As RBS crashed there was only one man in the driving seat – but his fellow passengers could have helped to steer a safer course. Edited and abridged extracts from Ian Fraser’s best selling Shredded identify four guilty men.