Crash Bank Wallop The Memoirs of the HBOS Whistleblower

Whistleblowing nearly killed Paul Moore – and it brought terrible suffering on his family. The married father-of-three was Head of Group Regulatory Risk at Halifax Bank of Scotland (HBOS) until he was fired for flagging up top management’s dangerous sales tactics, which were a serious risk to financial stability and consumer protection. Addiction, deep depression and suicidal tendencies followed until he publicly blew the whistle after the multi-billion-pound collapse and subsequent £20.5 billion taxpayer bailout of HBOS during the 2008 banking crisis. His “explosive” evidence to the UK House of Commons Treasury Select Committee into what happened, sent shock waves to the heart of the British Establishment and caused a media frenzy. This is Moore’s shocking inside story of a disaster waiting to happen and his on-going battle for truth and justice. “Even at the distance of just over a decade the story of arrogance and disregard for customers at a major bank is breathtaking. I know what it cost Paul Moore to blow the whistle on HBOS. His actions precipitated what remains to date the only clear case of a bank executive being brought to book for the behaviour that led to the crash of 2008. Paul’s account of the crisis and his own tribulations should be required reading for bank management and non-executives.” Paul Mason, Channel 4 News, Economics Editor “Moore’s book provides a thought-provoking insight into how greed, vanity, ego and corporate hubris can bring such devastating consequences to a major company but also to the individual who stands up to their superiors for what they believe is right, and in doing so pays a significant personal price. A must read not only for those involved in business but for anyone with an interest into the darker side of human nature!” Michael Woodford, former Chief Executive Officer and Whistleblower, Olympus Corporation