As a retired banker who first cut his cloth in 1970 I have seen it all. Tricksters with false P60's and Certificates of Income. Making up stories about all the overtime that they could work. Renting out the Boxroom. Not telling us about the Credit Union Loan that they were getting. So happy to take the most expensive House Insurance and Mortgage Protection Policy from us. Anything to get the loan in fact.
Those of us with the experience saw through all of this. Unfortunately a new breed of banker was created in order to cut costs by senior management, who in turn had no banking experience themselves. We the Organ Grinders were relegated to 2nd place.
The new breed couldn't see through the spoof. Loans were given to everyone. Lots of people took advantage of this.
They didn't pay their mortgage but had two new cars in the driveway. Lots of holidays. Plenty of take out meals. Cigarettes.
The new breed of banker couldn't cope but they were all in it together so nobody took the blame. Ran to the hills.
Those of us with the experience saw through all of this. Unfortunately a new breed of banker was created in order to cut costs by senior management, who in turn had no banking experience themselves. We the Organ Grinders were relegated to 2nd place.
The new breed couldn't see through the spoof. Loans were given to everyone. Lots of people took advantage of this.
They didn't pay their mortgage but had two new cars in the driveway. Lots of holidays. Plenty of take out meals. Cigarettes.
The new breed of banker couldn't cope but they were all in it together so nobody took the blame. Ran to the hills.