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Making It Happen: Fred Goodwin, RBS and the Men Who Blew up the British Economyby Iain MartinRBS collapsed in the financial crisis of October 2008 and had to be bailed out by the British taxpayer.
It played a leading role in tipping Britain into its deepest economic downturn in seven decades.
You might ask that how did a small Scottish bank grow so quickly to become a global financial giant that could do such immense damage when it collapsed?
For that, you must read about Fred Goodwin, the former chief executive known as "Fred the Shred" who terrorised some of his staff and beguiled others.
Not a banker by training, he nonetheless was given control of RBS and set about trying to make it one of the biggest brands in the world.
You will read about how the bank's mania for expansion led it to take enormous risks its leaders didn't understand. - Adapted from Amazon.com |