Mervyn King joins the Board

[Ian.]

Fuck off Hollis you c***. Happy enough to talk about a boardroom appointment, but completely silent after failing to back the manager. Twat. 

I also have to agree with this even though I frown upon profanities used in haste.

Excellent rant!

[curlytailavfc]

he will blend in as we get a span king most games and his wife is spun king ok

[wally58]

Talk about top heavy. We will have more people on the board than players the way this is going.

[paul_e]

Fuck off Hollis you c***. Happy enough to talk about a boardroom appointment, but completely silent after failing to back the manager. Twat. 

I also have to agree with this even though I frown upon profanities used in haste.

Excellent rant!

Not really because if Hollis had come out on Tuesday morning and apologised to the fans he'd have been given shit.  If he'd given a list of players that we spoke to and explained exactly why each of them hadn't worked out he'd have been accused of making it up and it being because we didn't offer them enough money.  If he says nothing he's hiding from the fans.  People are pissed at the board and that means there is literally nothing they can do before the summer that will matter one jot to public opinion.  On that basis I'd rather they just got on with the job of making sure that we are in a much better situation this time next year, nothing else is worth their effort and that includes making nice public statements to show that they're thinking of the fans.

[Louzie0]

Welcome, Mervyn. A Villa fan, at last.

I wish you'd joined in January!

Good luck to you, the Club and to all of us. UTV!

[bertlambshank]

Fuck off Hollis you c***. Happy enough to talk about a boardroom appointment, but completely silent after failing to back the manager. Twat. 

I also have to agree with this even though I frown upon profanities used in haste.

Excellent rant!

Not really because if Hollis had come out on Tuesday morning and apologised to the fans he'd have been given shit.  If he'd given a list of players that we spoke to and explained exactly why each of them hadn't worked out he'd have been accused of making it up and it being because we didn't offer them enough money.  If he says nothing he's hiding from the fans.  People are pissed at the board and that means there is literally nothing they can do before the summer that will matter one jot to public opinion.  On that basis I'd rather they just got on with the job of making sure that we are in a much better situation this time next year, nothing else is worth their effort and that includes making nice public statements to show that they're thinking of the fans.

Do you not think the timing is a little bizarre?

[Risso]

Fuck off Hollis you c***. Happy enough to talk about a boardroom appointment, but completely silent after failing to back the manager. Twat. 

I also have to agree with this even though I frown upon profanities used in haste.

Excellent rant!

Not really because if Hollis had come out on Tuesday morning and apologised to the fans he'd have been given shit.  If he'd given a list of players that we spoke to and explained exactly why each of them hadn't worked out he'd have been accused of making it up and it being because we didn't offer them enough money.  If he says nothing he's hiding from the fans.  People are pissed at the board and that means there is literally nothing they can do before the summer that will matter one jot to public opinion.  On that basis I'd rather they just got on with the job of making sure that we are in a much better situation this time next year, nothing else is worth their effort and that includes making nice public statements to show that they're thinking of the fans.

The board will be happy to see that however bad things get, and however inept a level that they operate at, that there will always be a level of fan that backs them in their idiocy.  Well done paul_e, you're the sort of fan that the board will be eternally grateful for.  Here, I have some magic beans, would you like to purchase them?

[dave.woodhall]

Fuck off Hollis you c***. Happy enough to talk about a boardroom appointment, but completely silent after failing to back the manager. Twat. 

I also have to agree with this even though I frown upon profanities used in haste.

Excellent rant!

Not really because if Hollis had come out on Tuesday morning and apologised to the fans he'd have been given shit.  If he'd given a list of players that we spoke to and explained exactly why each of them hadn't worked out he'd have been accused of making it up and it being because we didn't offer them enough money.  If he says nothing he's hiding from the fans.  People are pissed at the board and that means there is literally nothing they can do before the summer that will matter one jot to public opinion.  On that basis I'd rather they just got on with the job of making sure that we are in a much better situation this time next year, nothing else is worth their effort and that includes making nice public statements to show that they're thinking of the fans.

The board will be happy to see that however bad things get, and however inept a level that they operate at, that there will always be a level of fan that backs them in their idiocy.  Well done paul_e, you're the sort of fan that the board will be eternally grateful for.  Here, I have some magic beans, would you like to purchase them?

Nobody's backing them; a few are saying that they're in a no-win situation. Granted it's one of their own making but to me it seems churlish to criticise them for finally doing something that should have been done three years ago.

[Sexual Ealing]

Quite right. It was the Financial Services Authority who were supposed to regulate the Banks, after that task was removed from the B of E. The clue is in the name.
So King had no responsibility for that.
Arguably if the regulatory powers had remained with the BofE then the UK banking crisis in 2008, either may not have happened or it would have been much less serious.

It is the FSA and their top people who are the abject failures here.

True in terms of the structure, but no-one can claim their hands are clean. Brown set up the triumvirate of regulation by the FSA, an independent BoE with inflation and monetary responsibility, and No.11 having control of economic policy. But they all were meant to work together and lines of demarkation weren't carved in stone. In reality, Brown has ultimate power and responsibility but none of the three piped up ahead of the crash. All were prepared, publicly, to go with near-zero regulation and promote the City. King was by no means the worst culprit but he was neither clever enough politically to punch his weight as the country's top banker, nor strong enough to hold sufficient sway with any one of three Chancellors. It'd be as wrong to claim King was the main factor in the crash as it would be to suggest his time at the Bank was anything more than mediocre. When you have three prongs of economic control and the economy crashes so spectacularly, I don't think anyone comes out of it as anything but a failure. There are degrees of incompetence, and I'd argue Brown takes even more of a share than the FSA, but let's not pretend Merv and the BoE were effective during that free-for-all and subsequent freefall.

I'm not sure he would ever have been able to take on the might of the cocaine-addled twats in the City and the short-termism of governments, but do feel he was willing to give in a bit too easily and didn't really have what it took to put himself in a position of power, a la Greenspan. Safe, middle of the road, pragmatic, decent...

Brown, King, Adair et al must have been really terrible at their jobs to have fucked the US and Eurozone economies as well.

[Stirchley Villain]

I'm sure it's lovely for him to be associated with us during his retirement.  He's just window dressing though.

[Yossarian]

Apparently Jack Reacher is going to be doing stadium tours whenever he's not fighting bad guys from now on.

[claret and blue blood]

Are we paying him a salary ? Try telling that to the staff who are being made redundant on £ 20,000 a year or less while he sits in the boardroom with that twat Hollis who remember is Lerner's appointment with all that implies.
How anyone can't see through Hollis and his hatchet man role amazes me.

[Ian.]

Fuck off Hollis you c***. Happy enough to talk about a boardroom appointment, but completely silent after failing to back the manager. Twat. 

I also have to agree with this even though I frown upon profanities used in haste.

Excellent rant!

Not really because if Hollis had come out on Tuesday morning and apologised to the fans he'd have been given shit.  If he'd given a list of players that we spoke to and explained exactly why each of them hadn't worked out he'd have been accused of making it up and it being because we didn't offer them enough money.  If he says nothing he's hiding from the fans.  People are pissed at the board and that means there is literally nothing they can do before the summer that will matter one jot to public opinion.  On that basis I'd rather they just got on with the job of making sure that we are in a much better situation this time next year, nothing else is worth their effort and that includes making nice public statements to show that they're thinking of the fans.

I'm not saying I actually agree with Risso but as far a rant goes that's pretty good.

We have all agree over the years that the club is not run very well so hopefully King can help Hollis and in turn help Fox.

[Pete3206]

A warm welcome to Villa's new administrators board members.

[Des Little]

He's probably had better qualified people than Hollis making him cups of tea. Then again, that's probably what Hollis will be doing at the next board meeting.