(Download) "Shredded" by Ian Fraser * eBook PDF Kindle ePub Free

eBook details
- Title: Shredded
- Author : Ian Fraser
- Release Date : January 05, 2014
- Genre: Industries & Professions,Books,Business & Personal Finance,Economics,
- Pages : * pages
- Size : 2796 KB
Description
An award-winning journalist details the near-collapse of the Royal Bank of Scotland in the late 2000s.
For a few brief months in 2007 and 2009, the Royal Bank of Scotland was the largest bank in the world. Then the Edinburgh-based giantâhaving rapidly grown its footprint to 55 countries and stretched its assets to ÂŁ2.4 trillion under its hubristic and delinquent former boss Fred Goodwinâcrashed to earth.
In Shredded, author Ian Fraser explores the series of cataclysmic misjudgments, the toxic internal culture and the âlight touchâ regulatory regime that gave rise to RBS/NatWestâs near-collapse. He also considers why it became the most expensive bank in the world to bail out and why a culture of impunity was allowed to develop in the banking sector.
This new edition brings the story up to date, chronicling the string of scandals that have come to light since taxpayers rescued RBS and concluding with an evaluation of the attempts of the bankâs post-crisis chief executives, Stephen Hester and Ross McEwan, to dismantle Goodwinâs disastrous legacy and restore the damaged institutions to health.
Praise for Shredded
âA magnificent book. I regard it as one of the best investigative books of the past decade.â âEamonn OâNeill, BBC Radio Scotland
âImpeccably researched and hard to put down at any pointâThe author pulls no punches.â âPhilip Augar, Financial Times (UK)
âCombines Greek tragedy with real-life events that have affected us all. Itâs hard to put down.â âDevraj Ray, Mortgage Strategy
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