Tuesday, June 18, 2013

Britain's first 'Cyprus'-type bank robbery - and it won't be the last


'There are few British bloggers with the nous and attention span of Anna Raccoon when it comes to the history of ramifications. So she was pretty fast out of the blocks yesterday when it came to spotting the reasons behind the Co-Op bank’s woes at the moment. She beat the Mail on Sunday by several hours in getting the story out. So while I was putting out smoke signals about why Hester got the chop from RBS, and speculating on Paul Tucker’s sudden resignation at the Bank of England, Ms Raccoon was pointing out why the Co-Ops demise is political dynamite.'