The announcement of the biggest loss in British banking history

The British bank, "Royal Bank of Scotland" Thursday to achieve a net loss of $ 34 billion dollars in 2008, the biggest loss in the history of British banks and companies. He also announced the World Bank, the second largest British banks in terms of size, that would amount to $ 462 billion of bad debt and doubtful in a special fund included the British government. He warned the employees of the possibility of dispensing with the large number of posts, and said he will reduce his activities, which extends to 35 countries, and focus mainly on the local market. Kln and "The Royal Bank of Scotland" on the verge of collapse during 2008, and forced the British government to intervene to save the purchase of about 70% of the shares. The bank suffered from the results of his wrong decision to buy the Dutch bank, "ABN AMRO", in 2007, which resulted in the loss of 16 billion pounds.And blamed the bank's board chairman Philip Hampton, blamed the losses on what he described as "unprecedented turmoil" in world financial markets. "We owe Bastmrarna to the British government and taxpayers, and we thank them for their support." In the same context, British newspapers drew sharp criticism at the former Executive Director of the bank Fred Goodwin, who considered him responsible for a lot of wrong decisions that have caused such enormous losses. British newspapers criticized for Goodwin on pension exceed 650 pounds sterling per year, in addition to being subjected to any investigation carried out by the government in so far. He also criticized the British finance minister Alastair Darling, the financial benefits obtained by the former director of the bank at the time of separation, which amounts to 16 million pounds. Among these benefits are a huge pension for life. Darling said he had asked Goodwin to waive some of these benefits. Darling said in an interview with the BBC that it was difficult to understand why people get Goodwin to Rtab retirement worth 650 thousand pounds a year for life when they see the situation reached "Royal Bank of Scotland."