Wednesday, Feb 25, 2009
Fred 'The Shred' £650k pension at the age of 50
BBC 'News': Huge pension for former RBS boss
Sir Fred Goodwin, the former chief executive of Royal Bank of Scotland, is already drawing a pension of £650,000 a year, despite only being 50.
Not bad when your firm is announcing a £28 billion loss
Posted by mrb @ 10:11 PM (417 views) Add Comment
7 Comments
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1. Daniel said...
All you youger people still undecided on a career. Take your lead from Labour: Crime Does Pay in the UK.
2. shining wit said...
This bleedin' disaster gets worse by the day.
Can't someone do something about the whole chuffin mess? Where's Osama when he's needed huh!
3. Eternal Sceptic said...
What ishappening in Bangladesh will start to happen here unless the idiot politicians get a grip. What kind of society rewards failure and penalizes success?
4. techieman said...
a canny scot!
5. Old Eddy said...
Surely as the architect of RBS downfall this man is in breach of contract and so has no entitlement to any pension other than his state pension at 65. All payments should be stopped forthwith and previous payments reclaimed ...he should also be stripped of his title. This country wants to start calling a spade a spade and stop defending the indefensible.
6. techieman said...
Blimey old eddy! Now my comment was a bit flipant BUT Im surprised you dont advocate going the the whole hog and burn him at the stake!
7. 51ck-6-51x said...
The Daily Mash's take