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V12 2009 INDEX
E-SYLUM ARCHIVE
RBS EXECUTIVE MADE SURE HQ ATMS DISPENSED BANKNOTES WITH HIS SIGNATURE
The Daily Record published this article about a former executive of the Royal Bank of Scotland who had a flunky to verify that banknotes dispensed near the bank's headquarters were ones with his signature. -Editor
Fred Goodwin employed someone to make sure his signature was on every note issued by cash machines at the Royal Bank of Scotland's HQ.Details of the bizarre ego-boosting job were revealed by Treasury minister Lord Myners as he was quizzed by peers yesterday.
Goodwin, who was axed as RBS chief executive last year after bringing the bank to their knees, has become a hate figure over his pension arrangements.
Myners said investigations into the way Goodwin ran the RBS - who needed a multi-billion-pound Government bailout to stop them going bust - had revealed the extent of his huge ego.
He said: "I've been advised that in the headquarters in Gogarburn, Sir Fred Goodwin employed somebody whose sole job was to ensure bank notes dispensed from automatic telling machines there bore his signature and his signature alone."It emerged last week that Goodwin could lose his knighthood, which he got for "services to banking".
To read the complete article, see: Revealed: Fred Goodwin insisted every banknote issued at Royal of Scotland HQ bore his signature (http://www.dailyrecord.co.uk/news/scottish-news
/2009/04/29/revealed-fred-goodwin-insisted-every-banknote-issued-at-royal
-of-scotland-hq-bore-his-signature-86908-21317284/)
Here's another story from the BBC news: RBS HQ notes 'signed by Sir Fred' (http://news.bbc.co.uk/2/hi/business/8023806.stm)
Wayne Homren, Editor
The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org.
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