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OPEN LETTER TO ERIC DANIELS

HBOS logo courtesy of MV Picton

Mr. Eric Daniels
Chief Executive
Lloyds Banking Group
25 Gresham Street
London EC2V 7HN

13th January 2010

Dear Mr Daniels,

You are one of the few people with the ability to instruct lawyers to put a motion in to Court adjourning the next hearing to repossess the home of Paul and Nikki Turner — at least until the FSA investigations, requested by James Paice MP and others are concluded!

Make that phone call and you could start the process of rehabilitating the reputation of Lloyds Banking Group and perhaps also of shedding your new nickname, Mr “in Denials”.

Another way in which you could achieve these goals would be to enter into a meaningful discussion with the hundreds, perhaps even the thousands, of casualties created by HBOS/Bank of Scotland, dating back to 1990-91 with the Baker’s Dozen.

It would make sense to sort these things out before you hand over the reins at Lloyds Banking Group to Mark Fisher or whoever else. (See the comment on Ian Fraser’s recent Mark Fisher article).

It would also help if you could confirm that you’ve read this letter and that you are aware of articles and blog posts on this website and elsewhere which catalogue the long history of wrongdoing at HBOS/Bank of Scotland, to ensure that we’re not wasting time trying to breach your apparent “in denial” state.

Perhaps the problem is that you’re not being told the truth by your colleagues and subordinates at the bank? If this is the case, then you could alert us by using the comment facility below or by emailing me at CBRHQ@hotmail.com.

Life’s too short for all the misery that you’re causing both to yourself and to thousands of others by continuing to bury your head in the sand where the victims of past wrongdoing by HBOS/Bank of Scotland are concerned, and by continuing to postpone the inevitable “settlement of claims” day.

One final thought. I understand that, as the bank’s group chief executive, you have a duty to report fraud. You wouldn’t want to be called before an inquiry, along the lines of the current Chilcott Inquiry, to explain why you failed to do that, would you? It might be even more uncomfortable than your experience before the Treasury select committee yesterday.

If you want to regain your normal calm exterior all it’s going to take, initially at least, is one phone call to your lawyers to stop the Turner eviction and perhaps another to the prime minister Gordon Brown.

It’s really that simple! Then you would be able to plan your departure date, and the 20-year long culture of fraudulence and malfeasance at HBOS/Bank of Scotland would no longer dog your life. Ruin it in fact, just as it has ruined the lives of the casualties of the flawed bank that you were “smooth-criminalled” into rescuing from collapse on September 16th, 2008.

Yours sincerely,

Alan Edwards
CBRHQ@hotmail.com

Casualties of Bad Regulation

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Posted by on Jan 14 2010. Filed under Blog. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

2 Comments for “OPEN LETTER TO ERIC DANIELS”

  1. well said, Alan – perfect. Eric Denials must be in so deep now that he wants to find a way out – and you’ve kindly given him his cue: and as you say, the clock is ticking and soon he may be indicted and in the same shoes of the ‘war criminals’ like Blair and Brown who vented their male egos and aggression on the poor Iraquis , with such catastrophic consequences – and all in the vain name of “profit” for the avaricious crazies running into the ground (and ruining) the world economy, aka banksters.

    What goes round comes round, and although this has taken a ludicrously long time for the tide to start turning, it now certainly IS turning as all the people unite in the famous song in “Tommy” by ‘the Who’ ‘WE’RE NOT GONNA’ TAKE IT” ! Power to the People !

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