Monday, Mar 16, 2009
Nothing like keeping the Blairs employed
Telegraph: Cherie Hired to Sue RBS
Cherie Blair is to act on behalf of British pension funds in a lawsuit seeking hundreds of millions of pounds in compensation from Sir Fred Goodwin and the Royal Bank of Scotland.
Posted by str 2007 @ 12:30 PM (853 views) Add Comment
6 Comments
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1. sovietuk said...
No doubt any compensation paid will indirectly come from you and I.
2. japanese uncle said...
We call it 'match and pump' operation, in Japan, meaning a crook sets fire on a house by match, and comes back with a 'pump' to play a hero. Hubby Silky sets fire on the UK economy in collaboration with his old pal Crash and gives maximum troubles to the bona fide pension funds. Then the 'incarnation of greed' wife who once dared to claim trolley-ful of goods when offered a gratuitous item or two in a shop, comes to the rescue, as if a Lady Justice. Namely, yes, inside job.
3. growler said...
Never thought I'd be supporting the Blairs, but I see a juicy irony in the fact that Cheries success would directly upset Mr Brown. Imagine that they succeed in their action that RBS had breached their obligation for fiduciary care. It would be a chain reaction that would PROVE that the gevernment had acted negligently in policing those financial institutions.
4. cyril said...
If you believe the gossip, Cherie always hated Gordon Brown. But then , what is there not to hate?
5. Mr G said...
Notice these are council pension funds, so who will be paying Mrs Blair's fees?
The council tax payer of course, therefore Joe public still gets kicked in the n*ts.
6. Baudot said...
Mrs Blair said she agreed to take on the case because of the "massive losses inflicted on local authority pension schemes and other UK institutions who were the largest investors in RBS"......the sizeable legal fees can't possibly have influenced her decision.