EDINBURGH, September 13 (RIA Novosti), Mark Hirst - The BBC's former Business Editor, Paul Mason, has launched a stinging attack on the British state broadcaster over its coverage of the Scottish independence campaign.
Mason, who worked for the BBC for 12 years before becoming Economics Editor at Channel 4 News in 2013, wrote on his Facebook page that, "Not since Iraq have I seen BBC News working at propaganda strength like this. So glad I'm out of there."
Later in an official blog written for Channel 4 News Mason again attacked coverage of Deutsche Bank's warnings that an independent Scotland would lead to a 1930"s economic depression in Scotland.
In an article, published Saturday and titled "Deutsche's 'Wall Street Crash' Prediction Goes Ueber Alles On the Airwaves," Mason highlighted previous "warnings of doom" by the same bank, but which were ignored by the German government, over the consequences of introducing a minimum
wage for German workers.
Mason concludes that Deutsche Bank's warnings, issued by its Head of Strategy, David Folkerts-Landau, are nothing more than an opinion and "open to debate."
"As I write this I hear the words 'Deutsche… Scotland… Wall Street Crash' are being read out by newsreaders on our venerable state broadcaster," Mason added. "Other opinions are available."
Edward McDowell, a former Risk Manager at Lloyds Banking Group told RIA Novosti that the warnings issued by Deutsche Bank were "misleading."
"They do not take account of Scotland's strong fiscal position or well established institutions and I believe is another example of misleading information," McDowell said.
Deutsche Bank also received criticism from one of its former senior managers.
"I think people need to remember that this is the bank that failed to forecast the crash in 2008 and what they are saying now is preposterous," said Ian Blackford who previously ran Deutsche Bank's operations in Scotland and The Netherlands.
"RBS and others have said there is no risk to jobs or investment in Scotland. It is about moving the brass plates and the fact is that this all about the UK government's panic over the real possibility of it losing the union," Blackford added.
