Sunday, February 26, 2012

Alistair Darling: 'RBS was the closest I came to thinking, this is the end' | From the Observer | The Observer

But when I was asked to speak to Tom McKillop, who was chairman of the bank, and I said "How long can you last?" I assumed it would be two or three days. He said two or three hours and that was the only time I think in the entire banking crisis that I did feel a sudden chill – probably the closest I ever came to thinking: "This is the end." And if the package we announced the next morning hadn't worked, it would have been the end.

Posted via email from Jack's posterous

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