Telegrammed by The Raver
One of the non-executive directors of the Royal Bank of Scotland is none other than Sir Steve Robson.
Robson it will be remembered is the former senior Treasury mandarin who pushed for vertical disaggregation on the railways.
Now he clearly did not do his job in trying to prevent RBS from overextending itself.
Shockingly, the non-execs are surviving the purge of the RBS bosses because, apparently, there is a shortage of candidates.
Surely there are more than enough competent and qualified bankers looking for lucrative part time jobs...