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Business Quote by Alistair Darling

“The Bank [of Scotland] had tried to sell itself to a company run by TV evangelist Pat Robertson. That deal fell through, perhaps because it transpired that Mr Robertson believed that Scotland was ‘a dark land’ where ‘homosexuals ruled the roost’.” quote by Alistair Darling
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““The Bank [of Scotland] had tried to sell itself to a company run by TV evangelist Pat Robertson. That deal fell through, perhaps because it transpired that Mr Robertson believed that Scotland was ‘a dark land’ where ‘homosexuals ruled the roost’.””

Alistair Darling

About This Quote

Source News article: The Guardian, 2010

It recounts a failed bank sale due to the buyer’s controversial views on Scotland.

In simple terms: Bank deal failed because buyer’s views were problematic.

Key Takeaway

Consider ethical implications in business deals.

Themes

finance ethics politics

Mood

analytical critical

Type

informative controversial

When to use this quote

  • mergers
  • political controversy
  • public relations

Key Concepts

corporate governance social values

Questions to Reflect On

  • How should companies vet partners?
  • What role should public opinion play in deals?
A Different Perspective

Business decisions can be hindered by public backlash.

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