I work for RBS, i have done for the past two years and will do for the next twenty five days. I was proud to work at such a big institution, i was happy with my job and knew i was in a successful and nurturing organisation.
What changed? someone thought that the nice comfortable yet limited profitability of the UK was not enough.
Why not take over the world? there is loads more money there.....isn't there?
simply put no, its gone. the perceived wealth that the world had has gone. the fake money that was abound has vanished.
whether it has been poor decisions or unpredictable circumstances, there is one factor that wasn't necessarily approached by the committee....Greed. why did the board of the bank push to take over he dutch bank? more money. why did the board ask its investment arm to take riskier decisions? money.
who was the little voice saying hang on? No one
I am the lucky one, leaving the bank by choice. I am certain that others will not get this chance. I have watched people who have worked for the bank for over twenty years begin to lose faith. Thinking that they were in the place that supported them only to wind up losing every investment they made in shares.
A man a year from retirement is now looking at a pot of shares that has reduced in value ten fold. How does he keep working for the bank? Faith, a commodity that has no value but means so much. a commodity the bank is running low on.
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