Download PDF Making It Happen: Fred Goodwin, RBS and the Men Who Blew Up the British Economy, by Iain Martin
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Making It Happen: Fred Goodwin, RBS and the Men Who Blew Up the British Economy, by Iain Martin
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An explosive, controversial account of the collapse of RBS and the collapse of the British economy - shortlisted for FINANCIAL TIMES AND GOLDMAN SACHSBUSINESS BOOK OF THE YEARAWARD2013. When RBS collapsed and had to be bailed out by the taxpayer in the financial crisis of October 2008 it played a leading role in tipping Britain into its deepest economic downturn in seven decades. The economy shrank, bank lending froze, and hundreds of thousands lost their jobs. Living standards are still falling and Britons will be paying higher taxes for decades to pay the clean-up bill. How on earth had a small Scottish bank grown so quickly to become a global financial giant that could do such immense damage when it collapsed? Based on over 80 interviews and with access to diaries and papers kept by those at the heart of the meltdown, this is the definitive account of the RBS disaster which still casts a shadow over our economy. In Making It Happen, senior executives, board members, Treasury insiders and regulators reveal how the bank's mania for expansion led it to take enormous risks its leaders didn't understand. From the birth of the Royal Bank in 18th century Scotland, to the manic expansion under Fred Goodwin in the middle of a mad boom and culminating in the epoch-defining collapse, Making It Happenis the full, extraordinary story.
- Sales Rank: #2429701 in Books
- Brand: imusti
- Published on: 2014-04-01
- Original language: English
- Number of items: 1
- Dimensions: 7.80" h x .91" w x 5.12" l, .60 pounds
- Binding: Paperback
- 346 pages
- SIMON SCHUSTER
About the Author
Iain Martin is a journalist and broadcaster. He comes from Paisley (as does Fred Goodwin). Iain was editor of The Scotsman newspaper from 2001-2004, and then its sister paper Scotland on Sunday from 2004-2006. In 2006 he moved to The Sunday Telegraph, where he was deputy editor. He has since been a columnist on politics for various newspapers: The Daily Telegraph and The Sunday Telegraph, the Wall Street Journal and the Daily Mail. He contributes to Financial News and Standpoint magazine. He has presented editions of Beyond Westminster, Week in Westminster and What the Papers Say for BBC Radio 4. He lives in London.
Most helpful customer reviews
2 of 2 people found the following review helpful.
REVIEW
By HTH
A brilliant insight into Fred Goodwin, and the demise of
The Royal Bank of Scotland.
A must read for all Brits, and gives a great insight into the nonsense & the greed of the GFC era!
Once you start you can't put it down, highly recommended!
Fred was obviously a flawed genius, who through his actions, became public enemy number one inScotland.
Enjoy the journey, I did!
2 of 2 people found the following review helpful.
excellent read
By John Burbidge
A brilliantly researched profile of the unravelling of a disaster. It was objective and readers and others (politicians and regulators) should consider if there could be a repeat of this magnitude in other businesses. Aggressive growth eventually has to come at a cost. Look out Google, Facebook, Apple etc.
2 of 2 people found the following review helpful.
Making it happen
By Peter O - HKG
Good book highlighting the greed for power and money and fame. Goodwin comes across as the sociopath he really is. God save us from the likes of him and his cohorts. These people hadn't really got a clue but it took disaster and the loss of millions and billions for the poor suckers (like me) to find out.
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