Episode 980

Max and Stacy are joined by Joel Benjamin, local authority debt audit campaigner with Debt Resistance UK, and Nigel Henderson, who lost his hotel business to RBS’s restructuring division, to talk of the ‘stunned commoners’ in awe (at the brazenness) of the Royal… Bank of Scotland. Nigel recounts his own encounter with RBS’s smash and grab unit which saw him lose his hotel in Scotland. They discuss the tens of billions in fines the bank, taxpayer-owned RBS, faces from US authorities for the bank’s role in the mortgage backed securities fraud and whether or not there will be anything left for compensation of the thousands of small and medium sized enterprises destroyed in the UK.

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