Showing posts from June, 2015

Why RBS was bailed out

The weekend of the 4th and 5th of October 2008 must have been frantic in Downing Street with the news of a financial collapse that had been looming for the entire year. It is funny how these tragedies occur in a timely fashion on weekends, when bank transfers are closed and you are powerless to take any action until business opens again on Monday morning. 

RBS closed for business on Friday afternoon and a few hours later (after New York closed too), pulled all their global accounts and looked at their financial position. And then Fred Goodwin's phone call arrived on Saturday morning (very early morning???), asking for Gordon Brown and Alistair Darling, stating that the biggest bank in the world, "The Royal Bank of Scotland" had ran out of funds and he would have to call the administrators on Monday morning. Panic ensued. And it didn't get any better when Buckingham Palace also called... Why?
Because of Coutts, the Posh Bank of the Posh. You can see here their most fam…

The Biggest Nail House on the Web

While surfing the web this morning I came across this little gem of Twitter account @apple. Surprisingly this account has not published a single tweet yet. Not one, nothing, zilch, nada!!! It is at present in the "freezer" waiting for better days. It has however 33.5K very very distracted followers 
So... what's going on? What's happening?
The John Doe that opened this account was probably shocked to see that as late as September 2011 he was able to grab the name @apple on Twitter. When Apple noticed this, it was too late. Too late in or after September 2011! Not 2007! Now Apple, the biggest company in the world, missed the train big time as, for all practical purposes, it is not on Twitter!!!!

@apple / John Doe, as I mentioned above, has not posted a single tweet... Apple most probably tried to buy out the name from John and was then shown a bill for $100,000,000.00 (late arrival penalty) or more. The silence of this @apple account (not verified account by the way) sh…