Thursday, November 20, 2008

Sir Tom McKillop says sorry

The ex-AstraZeneca CEO said today:

"I, as the chairman of RBS, both personally and in the office I hold, am profoundly sorry about the position we have reached. I feel this sincerely, on a number of levels and for a variety of reasons."

2 comments:

Anonymous said...

Mea Culpa?

mutikonka said...

here's what he said in 2004:

"I worry about the whole regulatory mindset. If we put consumer protection constantly as the only thing the regulator needs to worry about, I think that will be a huge block to progress and to innovation."

If we shrank his own personal fortune by the same amount he might actually feel sorry, rather than just express regret.