They dont need to learn a lesson, they need to be jailed.This was common practice at RBS/NatWest some years ago. It was and is nothing less than fraud on the part of the bank in my opinion. Any business found to be in financial difficulty, most often due to allegedly being mis-sold a very very dodgy financial instrument tied to their loan, as explained in the video, was lumped in a special section of the bank which would fleece them with super-high costs with the aim of taking over the assets at a drastic discount to market value in order to re-sell at a massive profit.
This was only a few years ago.
Never trust a bank. Never get in deep with one unless you protect your house and family and are prepared to lose, through sharp practice, everything else you have ever worked for. There are both sharks and vultures working in some of these bank’s departments that are certainly not there to help you but will exploit you mercilessly. They can’t deny it because it was all over the media not so long ago. One can only hope that they have learnt their lesson. I wouldn’t put money on it [pun intended].
And george osborne sanctioned it all