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Alison Rose Nat West

(170 Posts)
FranA Wed 26-Jul-23 19:10:53

I had never heard of her before today. I am a NatWest customer. I did a quick google search on her. Having done that, my first opinion is that she should not have been pushed out of a job that she has spent a working lifetime on. So why? I appreciate that she made a mistake even saying that NF was a customer. However that is a minor mistake. I don’t know what she gains by resigning but I guess she isn’t poor. As a female customer for now in this 37% owned bank from the day I left school (bank ownership notwithstanding). Having now told the world who I bank with I am now off to investigate the £200 bank swap deals; for no other reason than I hate to see the woman at the top of her game being forced out by a load of male politicians.

Namsnanny Wed 02-Aug-23 13:30:48

What I believe in most of all is fairness...

nightowl/Dickens and others who have echoed this 👏

Namsnanny Wed 02-Aug-23 13:24:53

I agree with your post MayBee70

I suppose it shows the difference between having a high profile figure championing a cause, and one without.

I think the inquiry is still on going?

What a heartbreaking debacle that turned out to be.

MayBee70 Wed 02-Aug-23 09:35:52

If only the treatment of those poor postmasters* had been given so much publicity and their case dealt with as quickly as Farages, though.
*and others in society who have been unfairly treated

Dickens Wed 02-Aug-23 07:57:51

nightowl

Primrose53

nightowl

Well, I find myself in unexpected company. As a self defined socialist who has been labelled far left and even a communist on here I have no doubt which side I am on. I loathe and detest everything Nigel Farage stands for but I can’t see how anyone can defend the bank’s actions or fail to be simply furious that someone as unsuited to her job as Alison Rose could now be given a multi million pound payout, courtesy of the rest of us.

Anyone can change their mind you know nightowl!

I was brought up in a Labour household, a Labour road and a Labour area. It’s only in recent years that I have not voted for them and I now cannot imagine ever voting for them again. My Dad would turn in his grave! 🤣

I haven’t changed my mind to that extent Primrose grin - dyed in the wool socialist here. Never communist, despite what some people believe, not that I have anything against communist thinkers just it’s not my cup of tea. I grew up in much the same environment as you - my dad was a shop steward, Labour Party member, fighter for the underdog. He actually moved closer to the centre as he got older (sadly, he never got old), and we had many heated discussions!

What I believe in most of all is fairness, and I don’t believe Nigel Farage has been treated fairly or ethically. It doesn’t matter how bad you think someone is, or how much you believe you are right, you have to live by your own principles and not stoop to the level of your opponents. As someone far wiser than me once said, ‘they are not our teachers’.

What I believe in most of all is fairness, and I don’t believe Nigel Farage has been treated fairly or ethically. It doesn’t matter how bad you think someone is, or how much you believe you are right, you have to live by your own principles and not stoop to the level of your opponents.

I couldn't agree more.

In spite of the possibility that NF is exploiting this for his own ends (I admit I don't like the man), he has been wronged. And that wrong isn't lessened or heightened by the fact that he is disliked by some, and popular with others. The man is entitled to redress, regardless.

Namsnanny Tue 01-Aug-23 00:29:12

Primrose53

That’s with Nat West/Coutts.

Big U turn isn't it?

He is coquettishly biding his time before he signs back on the dotted line.

NF has asked for a meeting with the top dogs at Coutts. Face to face.
Before he makes his decision.

I wonder how that will go grin

Primrose53 Mon 31-Jul-23 19:44:12

That’s with Nat West/Coutts.

Primrose53 Mon 31-Jul-23 19:43:44

NF has been told he can have both a private and business account now! 👏👏

Namsnanny Mon 31-Jul-23 14:24:45

The problem is people are actively believing gossip, and then repeating it.
Then telling others who don't agree with them, they are being manipulated.
Which is objectionable imv.

Saetana Sun 30-Jul-23 16:04:59

Yes it was definitely a computer algorithm that did the shorting on Nat West stocks, no conspiracy - which I am sure will disappoint some of you.

Namsnanny Sat 29-Jul-23 23:16:57

legally fact

Casdon Sat 29-Jul-23 22:35:19

Namsnanny

Casdon

Oreo

maddyone

Not sure that I think that is a reliable source Casdon.

You’re dead right, we have to be careful about sources and what we believe too easily.

If you knew me Oreo you’d know I’m an absolute pain of a source checker.

Well I think you missed a couple of facts in all the sources you linked.

Which actually were all framed around just one.

Did you notice that this 'article' mentioned that this was a computer generated hedge fund?

Which essentially means the decision on where the hedge fund moves it's money, is based on an algorithm (those pesky algorithm's again).

Not an individual.

'Marshall Wace held a shortening position since the spring, but pared it's NatWest bets back more recently'

As I see it, a computer generated a course of action, for the hedge fund. Which it changed recently (to the detriment of Paul Marshall's account).
In the end making five million.

It doesn't imv, warrant all the fuss.

The way TLE has framed this, it's clear it's fishing for clicks.

As for the Telegraph, your guess is as good as mine. Maybe they too thought they could sell more papers, or just report the story. I don't know.

I think Marshall is worth 680 billion according to one of your links.
Using the Tesco strap line 'every little helps' I suppose.

Most of these articles are just diddling around spouting spurious gossip, to make some money. Fine.

I did notice TLE made sure the hedge fund info was in the last paragraph, and given the gloss of a joke, to

a) stop it being sued and
b) give the reader the feeling of being in on the back story.

I think it might add some clarification to look more closely at sources too.

The London Economic has been described as having a
strong left wing bias, always favours the left, consitantly uses loaded headlines.

As I said earlier I don't blame them for high lighting the story, but the link they tenuously make and you bought hook line and sinker, is following exactly the same procedure as AR and Oliver Jacks.
Look where that got them.

I'll call this a non story, until or unless some one comes up with evidence of fraud.

No, I didn’t miss anything. He made money. Fact. Whether it was made through a computer generated algorithm or not wasn’t the point I made, just that he made money.

Namsnanny Sat 29-Jul-23 21:43:47

Whitewavemark2

It is being reported today, that The Treasury and Nat Wests board have backed her all along. It is Sunak and Hunt who have pressurised her to go and have now caused consternation amongst bank officials because Sunak failed to follow due process, and in doing so has damaged U.K. plc.

Rachel Reeves rightly called out the bullying of Ms Rose.

Of course they back her, they've all signed up to ESG!

Group think.

I don't think much of RS or JH as a rule, but maybe I should look more closely now.

ESG has damaged UK plc.

Along with AR and OJ BBC behaviour. Too arrogant by half.

AR broke the banks code, pure and simple.

She should have stood by her actions, but again she was less than courageous, and had to be persuaded to leave.
She has imo actually let women down.

RR should be ashamed of trying to twist this into a 'feminist issue'

It's hard enough for women in the Labour party to get on with out her and Jess Philips picking fights with women who don't agree with them.

no amount of squirming by RR,

Namsnanny Sat 29-Jul-23 21:26:50

Shinamae

tickingbird

Cossy

Primrose53 Disgusting language…. Really… At least you made me smile, which is more than Farage ever has grin

He’s made an awful lot of people cry and stamp their outraged feet though and that makes me smile grin

Me too! 😁

#metoo

nightowl Sat 29-Jul-23 21:19:35

Primrose53

nightowl

Well, I find myself in unexpected company. As a self defined socialist who has been labelled far left and even a communist on here I have no doubt which side I am on. I loathe and detest everything Nigel Farage stands for but I can’t see how anyone can defend the bank’s actions or fail to be simply furious that someone as unsuited to her job as Alison Rose could now be given a multi million pound payout, courtesy of the rest of us.

Anyone can change their mind you know nightowl!

I was brought up in a Labour household, a Labour road and a Labour area. It’s only in recent years that I have not voted for them and I now cannot imagine ever voting for them again. My Dad would turn in his grave! 🤣

I haven’t changed my mind to that extent Primrose grin - dyed in the wool socialist here. Never communist, despite what some people believe, not that I have anything against communist thinkers just it’s not my cup of tea. I grew up in much the same environment as you - my dad was a shop steward, Labour Party member, fighter for the underdog. He actually moved closer to the centre as he got older (sadly, he never got old), and we had many heated discussions!

What I believe in most of all is fairness, and I don’t believe Nigel Farage has been treated fairly or ethically. It doesn’t matter how bad you think someone is, or how much you believe you are right, you have to live by your own principles and not stoop to the level of your opponents. As someone far wiser than me once said, ‘they are not our teachers’.

Namsnanny Sat 29-Jul-23 20:43:52

FranA, I'm sorry but, I don't agree much with anything in your opening postgringringrin

Namsnanny Sat 29-Jul-23 20:35:49

Casdon

Oreo

maddyone

Not sure that I think that is a reliable source Casdon.

You’re dead right, we have to be careful about sources and what we believe too easily.

If you knew me Oreo you’d know I’m an absolute pain of a source checker.

Well I think you missed a couple of facts in all the sources you linked.

Which actually were all framed around just one.

Did you notice that this 'article' mentioned that this was a computer generated hedge fund?

Which essentially means the decision on where the hedge fund moves it's money, is based on an algorithm (those pesky algorithm's again).

Not an individual.

'Marshall Wace held a shortening position since the spring, but pared it's NatWest bets back more recently'

As I see it, a computer generated a course of action, for the hedge fund. Which it changed recently (to the detriment of Paul Marshall's account).
In the end making five million.

It doesn't imv, warrant all the fuss.

The way TLE has framed this, it's clear it's fishing for clicks.

As for the Telegraph, your guess is as good as mine. Maybe they too thought they could sell more papers, or just report the story. I don't know.

I think Marshall is worth 680 billion according to one of your links.
Using the Tesco strap line 'every little helps' I suppose.

Most of these articles are just diddling around spouting spurious gossip, to make some money. Fine.

I did notice TLE made sure the hedge fund info was in the last paragraph, and given the gloss of a joke, to

a) stop it being sued and
b) give the reader the feeling of being in on the back story.

I think it might add some clarification to look more closely at sources too.

The London Economic has been described as having a
strong left wing bias, always favours the left, consitantly uses loaded headlines.

As I said earlier I don't blame them for high lighting the story, but the link they tenuously make and you bought hook line and sinker, is following exactly the same procedure as AR and Oliver Jacks.
Look where that got them.

I'll call this a non story, until or unless some one comes up with evidence of fraud.

Casdon Sat 29-Jul-23 18:28:04

Oreo

maddyone

Not sure that I think that is a reliable source Casdon.

You’re dead right, we have to be careful about sources and what we believe too easily.

If you knew me Oreo you’d know I’m an absolute pain of a source checker.

Casdon Sat 29-Jul-23 18:27:00

What, the Telegraph? There is plenty of coverage of this.
www.standard.co.uk/business/gb-news-owner-s-firm-makes-millions-as-natwest-shares-slide-b1097128.html
uk.finance.yahoo.com/news/gb-news-owner-fund-makes-111503564.html
www.telegraph.co.uk/business/2023/07/26/paul-marshall-hedge-fund-nets-millions-bet-against-natwest/
www.thenational.scot/news/23683277.nigel-farage-row-sees-gb-news-owner-profit-shorting-natwest/

Oreo Sat 29-Jul-23 18:25:35

maddyone

Not sure that I think that is a reliable source Casdon.

You’re dead right, we have to be careful about sources and what we believe too easily.

MayBee70 Sat 29-Jul-23 18:20:50

nightowl

Whatever he does Maybee he’s right about this one. I don’t think it’s going to make him into any kind of national hero, but he’s allowed to speak out when he’s treated unjustly. Hopefully he’ll then go away again until the next time.

I can’t stand the man, but I’m not that concerned about him, I’m more afraid of people in government who have real power and who are screwing things up and ruining lives as we speak.

But he’s the one who, without being in power, forced Cameron to hold the referendum. And without being in power made the Conservative Party morph into UKIP. I’m very afraid of him because he taps into the very things that make me despise a lot of people.

maddyone Sat 29-Jul-23 18:05:16

Not sure that I think that is a reliable source Casdon.

Casdon Sat 29-Jul-23 17:53:21

maddyone

Everyone is entitled to dislike someone in the public eye, but they are not entitled to slander them, so for that reason we should be careful what we write.
I’m not aware that anyone has made millions out of Farage being debanked, but we’re told it has happened. Frankly I don’t believe it.

It’s true.
www.thelondoneconomic.com/news/gb-news-owner-makes-millions-after-shorting-natwest-stock-353437/
Also reported in the Telegraph, link not included as it’s pay to view.

maddyone Sat 29-Jul-23 17:44:13

Everyone is entitled to dislike someone in the public eye, but they are not entitled to slander them, so for that reason we should be careful what we write.
I’m not aware that anyone has made millions out of Farage being debanked, but we’re told it has happened. Frankly I don’t believe it.

MayBee70 Sat 29-Jul-23 17:31:56

Primrose53

MayBee70

Saetana

MayBee70

I don’t think some of us are defending Alison Rose. Just concerned as to what Farage will now do with all the publicity he’s getting. Because he’s not going to use it to do any good. I’m expecting a bit of Trump like draining the swamp talk from him and everyone not in the latest reincarnation of UKIP will be elitist enemies of the people.

He has already ruled out a return to politics.

Well, he was a failed politician anyway but still got the UK out of the EU. He hasn’t got shred of morality in him. He can still influence people without actually standing as an MP.

It’s a pity none of the politicians on either side can’t influence people like he can then. I look at Rishi Sunak and feel nothing at all then I look at Keir Starmer and he looks like he’s about to burst into tears.

WYSIWYG with Nigel Farage and he seems to be able to converse with the man in the street, a Lord, a famous celeb, a sportsperson, politicians and he treats them all the same. That is a rare gift. I think you are completely wrong about him having not a shred of morality about him ….. you don’t know that, you just don’t like him.

So, can you tell me what he has actually done that makes you think he is a moral person? I dislike him because he has used racism and xenophobia to divide this country. I dislike him because he supported Trump, but even Trump had the sense not to ally himself with Farage (and that’s saying something). He is an opportunist with, what my mum would call the gift of the gab. He makes my flesh crawl. But the worst thing is that very few people can see how dangerous he is.

Primrose53 Sat 29-Jul-23 17:22:27

nightowl

Well, I find myself in unexpected company. As a self defined socialist who has been labelled far left and even a communist on here I have no doubt which side I am on. I loathe and detest everything Nigel Farage stands for but I can’t see how anyone can defend the bank’s actions or fail to be simply furious that someone as unsuited to her job as Alison Rose could now be given a multi million pound payout, courtesy of the rest of us.

Anyone can change their mind you know nightowl!

I was brought up in a Labour household, a Labour road and a Labour area. It’s only in recent years that I have not voted for them and I now cannot imagine ever voting for them again. My Dad would turn in his grave! 🤣