Is This The Truth About the RBS Problems?
The Register also has an article, where it claims a source has told them what happened at RBS and NatWorst. This is an extract.
A serious error committed by an “inexperienced operative” caused the IT meltdown which crippled the RBS banks last week, a source familiar with the matter has told The Register. Job adverts show that at least some of the team responsible for the blunder were recruited earlier this year in India following IT job cuts at RBS in the UK.
The problem isn’t in India, it’s with what haggis-head or collection thereof that decided on the risky strategy. And were they appointed by Fred Goodwin or one of his arse-lickers?
I hope that if you read the article in The Register, you’ll take the only sane action and move to another bank, as soon as RBS or NAtWorst have paid you the compensation, you think you deserve.
A Doggy-Bag Story
We had dined in one of Mumbai’s finest restaurants and they didn’t stint on the portions.
And we failed to eat it all!
So they gave us a large doggy bag and told us to give it to one of the beggars outside. We tried to refuse the bag, but they insisted.
In some ways it’s sad that mothers have to beg for their food in one of India’s richest cities, but they have put a system together to help.
Today’s Times Leaders
They are a classic.
The first details the rows in the Labour Party and how Blairite is now an insult.
The second says that America’s investment in Mubarak’s leadership in Egypt was very misguided.
It finishes by taslking about how various factions and religions in India have destroyed the largest literary festival in Asia at Jaipur.
We need some compassionate and sensible thinking.
Hare Krishna In The Rain
I hadn’t seen them on Oxford Street for some years, but they were there last week in the rain.
We may think of them as harmless religious nutters.
But a couple of years ago, I heard their work in improving school sanitation in India widely praised by the Projects Director of UNICEF in a lecture at Emmanuel College in Cambridge.
West Bengal To Change Name
I really don’t care what the Indian state of West Bengal is called, but it would appear that they are thinking of changing the name because the W put it at the bottom of lists of Indian states, so they get less inward investment. The Times of India report it here.
The interesting point though is that being at the bottom alphabetically a bad thing? Do more Prime Ministers and Presidents have names beginning with A, B or C say?
India Goes Barmy
My next door neighbour was once a retired British Army Colonel. After visiting India and seeing the rehearsal for the Republic Day ceremony in New Delhi, I said it was the best military ceremony, I’d seen and that included quite a bit of the Guards in London.
He said it was debatable, whether the Indians copied us in this field or we copied them. It doesn’t really matter, as a good spectacle is always a good spectacle.
So now after a disappointing summer for their cricketers, Charaan Shetty has launched the Indian Cricket Dundee, which is talked about in the Times today as an Indian version of the England’s Barmy Army.
We Could All Learn From This
India has just released their oldest prisoner, who was 108. He looks extremely dangerous as he is carried from jail by his relatives in this story on the BBC web site.
How many prisoners in jails in the UK and around the world should be released as they are ill or demented and well past an age at which they can do anybody harm?
