RBS: Inside the Bank That Ran Out of Money
MovieTitle | RBS: Inside the Bank That Ran Out of Money |
User score | 0 |
Release date | Dec 5, 2011 |
Genre | Documentary |
Director | Colin Murray |
Production country | US |
Run time | 55 min. |
The Royal Bank of Scotland was once a famous Scottish institution; a bank with a reputation for prudence. But in October 2008, less than a decade after Fred Goodwin took over as chief executive, it came within hours of collapsing. RBS later posted the biggest loss in UK corporate history - 24 billion pounds - which damaged the bank's reputation for financial prudence and Scotland's image as a global financial centre. Using previously unbroadcast footage of the bank's top executives and interviews with bank insiders, this documentary tells the compelling story of a national catastrophe.