My blogs have have taken a back seat for a while as I have been sending in comments on various critical matters facing the world. Mainly these comments have been on the very good platforms provided by the Telegraph. Several of the articles, written by their columnists, have garnered hundreds of comments. All shades of opinion are the order of the day and as they represent the views of a cross section of the population, politicians and the top personnel in financial institutions should take note of them.
World financial matters continue to promote heated debate and some radical suggested solutions. In one of today's papers it was inferred that some RBS staff would share a £2 billion windfall for 9 months work. Information given indicating that RBS had, at one stage, £250 billion of toxic loans was, to say the least, interesting. One of the suggestions that I have advocated is that every country in the world should nationalise its banks and any financial institutions deemed to pose a threat to its economic stability. How many countries are close, technically, to bankruptcy?
Frederick W Gilling 19:30 hrs GMT Saturday 06 November 2010.
