Think AIG is Bad? HBOS Bank Execs Caught in Sordid Drug Fueled Orgy
American is outraged these days by the antics of AIG Insurance, accused of spending parts of their government bailout on expensive junkets and God only knows what else. But compared with the executives of Halifax Bank of Scotland, Britain's biggest mortgage lender, AIG's purported mismanagement of funds is pretty mild.
Just like with many big banks, hundreds of customers are facing foreclosure on their homes. HBOS is no exception.
The News of the World revealed how a swaggering group of HBOS executives had sex with a naked female colleague at a hotel after one of them SNORTED COKE off her BELLY BUTTON.
The loadsamoney louts also WRECKED a wedding weekend- keeping guests awake by hammering on their doors through the early hours.
The rampage took place at an "awards" beano during their bank's multi-billion pound crisis-just two days after a dramatic drop in its share price had forced the announcement of a takeover by Lloyds/TSB.
And at one point they all CHEERED when a manager yelled: "We still have OUR jobs, so let's get P****D".
Last night HBOS acknowledged that its staff were accused of causing mayhem at the posh Rowton Hall Hotel near Chester-but without a word of APOLOGY to its beleaguered customers or taxpayers who have forked out £11.5 billion to bail out the bank.
The awards bash for about 100 of the failing bank's workers exploded after HBOS customers' money had first been squandered on a £10,000 FIREWORK DISPLAY for them.
Some online predictions markets continue to offer betting odds on which banks will fail next and HBOS certainly should make the cut.
Jagajeet Chiba, Gambling911.com
