RBS/NatWest IT Down

[Mich the Tester]

You missed the word "ultimately".
And when I assign blame it's the people ultimately responsible I would go for.
Especially as they pocket millions for their incompetence.
Scapegoating the lackeys will only make them be replaced by other lackeys from the Phillipines, China, SA etc etc. The list is endless.

This. If you justify a higher salary than others by saying 'look how much responsibility I have' then bloody well take the responsibility. That means you get rewarded for the good decisions and you suffer for the tulip decisions. If you don't want it that way then bring your salary expectations down closer to those of the operatives.

[CoolerKing]

Was that conducted in English? Buddy?

Given the sma@rt@ass tones of your reply I concede that your cock is definitely bigger than mine, Buddy.

{wank smiley}

[sasguru]

Theoretically management aren't too blame, the shareholder is to blame as the management are only there to give the shareholder a better ROI. In this case the shareholder is the taxpayer so you're to blame :-)

Since capitalism got broken a few decades ago, shareholders have no means of holding management to account.

[darmstadt]

Who is the largest Shareholder in RBS and Lloyds?

The UK Government became the majority shareholder of RBS in November 2008 and now own 64% of ordinary shares.
The UK Government initially took a 58% stake in RBS ordinary shares alongside a tranche of preference shares in November 2008. In April 2009 the preference shares were converted into ordinary shares and the Government's ordinary shareholding in RBS now stands at 64%.
Including the Governments acquisition of B shares in December 2009 the total economic ownership of the UK Government is currently 80% of the RBS Group.
The UK Government formed UK Financial Investments Ltd (UKFI) to manage its investments in financial institutions including RBS. UKFI has been given a clear mandate by the Government with an overarching objective to dispose of the Government's shareholdings in an orderly and active way, with due regard to financial stability and the promotion of competition.

What I said...I believe the government are the democratically elected representatives of the people...

[sasguru]

Given the sma@rt@ass tones of your reply I concede that your cock is definitely bigger than mine, Buddy.

{wank smiley}

I'm sure you're used to choking pole though, as other have observed.
24 years worth.

[darmstadt]

Since capitalism got broken a few decades ago, shareholders have no means of holding management to account.

Correct but seeing as RBS has the government as its largest shareholder then they can be held to account by not voting for them :-)

[CoolCat]

Given the sma@rt@ass tones of your reply I concede that your cock is definitely bigger than mine, Buddy.

{wank smiley}

Its best to ignore everything SASwanker says on this forum, the forum makes much more sense if you just ignore all his posts

[CoolerKing]

What I said...I believe the government are the democratically elected representatives of the people...

Show me a pre-election manifesto stating they would take over banks and de-nationalise the IT workforce dumping 1000yrs of UK I.T experience for a 3rd world country that is effectively still at a war footing with its neighbour.....**** ME!!!

[Ticktock]

Show me a pre-election manifesto stating they would take over banks and de-nationalise the IT workforce dumping 1000yrs of UK I.T experience for a 3rd world country that is effectively still at a war footing with its neighbour.....**** ME!!!

3rd world country? War footing with its neighbour? I thought they dumped Scotland.
BTW, you don't need to go Germany's eastern neighbour to choke pole.
And I believe the smiley you were looking for is

What you come across as is someone bitter that they lost their job, and not willing to apply rational thought.
My permie job was outsourced to India years ago. In fact I lived out there for a while training my replacements. They were all very capable, unfortunately their local management wanted a battery farm with autonomic reponses, not people who would be allowed to think for themselves.
It was the best thing that ever happened to me, as I started to gain the skills and experience I use now.

[CoolCat]

Show me a pre-election manifesto stating they would take over banks and de-nationalise the IT workforce dumping 1000yrs of UK I.T experience for a 3rd world country that is effectively still at a war footing with its neighbour.....**** ME!!!

Or that said it would print vast amounts of uncapped ICT work visas, go onto give many folk indefinite leave to remain here simply for working here a while, would give big tax perks to work visa holders, would hob knob it with the leaders of the Indian outsourcing movement, would sit by while leading British intellectual property was moved to India, would fail to police widespread abuse of immigration and other laws by the Indian outsourcers, and so on. No mandate for any of this.