Alex Massie

Corporate hari-kiri

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Things could be worse for RBS executives. They could be AIG executives receiving advice from Senator Chuck Grassley (R-Iowa):

"The first thing that would make me feel a little bit better towards them is if they would follow the Japanese example and come before the American people and take that deep bow and say I’m sorry and then either do one of two things: resign or commit suicide."

Grassley added, "In the case of the Japanese, they usually commit suicide before they make any apology." Happily, "An aide later explained he does not actually want executives to kill themselves." Well, that's ok then!

Written byAlex Massie

Alex Massie is Scotland Editor of The Spectator. He also writes a column for The Times and is a regular contributor to the Scottish Daily Mail, The Scotsman and other publications.

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