The Rabobank is a bank that gave very stupid guidance to our own farmers here in The Netherlands, its home country. When the milking quota came to an end, it told dairy farmers to invest in more production, while everyone knew production would rise anyway and prices would go down. At the time it would make more sense to invest in things that could lower cost. Or, you know, invest in growing products where demand is growing, like sustainable milk.<p>They were cocksure investing in more production was the way to go. If you came to them with a business plan that foresaw in lower milk prices they would flat out tell you you were wrong.<p>When the prices for milk came crashing down they acted like it was something nobody could have foreseen, while it's basic economic theory.<p>Great goal. But I don't trust them.
My bank! the only Dutch bank that did not need any government support during the crisis. They also don't have shareholders but are formed as a cooperative structure. And I think they stopped handing out bonusses for their top executives after the baking crisis.<p>They are pretty big on farming here in NL, and abroad.<p>They did have a scandal of Libor fraud rate. But they responded with a big apology and the guy in charge resigning. The current chairman has a background in Mechanical Engineering I think, in stead of some Wall Street / City guy.<p>Might not be perfect but they're a pretty decent organisation as far as I can tell.