Dunfermline the crumbling building society

In the great scheme of things, the collapse of the Dunfermline building society in Scotland (a UK version of the mutual bank/credit union) is a relatively small ticket item. What is interesting is the apparent laziness of civil servants to push through a rescue deal in time.

It's slightly alarming that after all the previous (and far larger) rescues that have taken place, the response from the UK continues to stumble. Although the irony is that this bust firm is based in the backyard of Gordon Brown's constituency. Quite appropriate, on reflection.