Fred the Shred’s Annoyance Over Pink Biscuits
A new book, Masters of Nothing: The Crash and how it will happen again unless we understand human nature
The former boss of Royal Bank of Scotland (RBS) vented his anger over the pink wafer in an email titled “Rogue Biscuit” in an example of his “overbearing” management style that may help explain the collapse of the bank in 2008, the new book claims.
I find it strange that the biscuit was pink. Is there a psychologist out there, who can offer a better explanation than the obvious one?
I think if anybody had treated me like that, I’d have gone straight to my lawyer and someone like Max Clifford.
The only way you will rid businss of overbearing bullies is to stand up to them using the full force available.
Those accolytes who surrounded Fred the Shred must be partly guilty in many peoples’ eyes for the mess they allowed him to create.
And what were the non-executive directors doing? If the answer was nothing, they were failing all of the bank’s employees, customers and shareholders. And of course ultimately, UK taxpayers. Have any of those non-executive directors been disqualified? The respected newspaper calls them the Silent Nine.
The Anonymous Widower 
[…] The reason I ask this question, is that we have one important thing in common; we both hate pink vanilla wafer biscuits. In my case, I’ve always avoided them all my life even before I was diagnosed as a coeliac and of course can’t eat the normal ones now. But I’d never write an e-mail about it, as Fred did and I reported here. […]
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