During the height of the global financial crisis in 2009, writing in Rolling Stone magazine Matt Taibbi famously described investment bank Goldman Sachs as:
“...a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money...”
Tragically, several of these huge vampire squids seem to have recently consumed the Co-operative bank. But how did it come to this ? And is all hope lost ?