interestrateripoff Posted August 14, 2013 Report Share Posted August 14, 2013 http://www.dailymail.co.uk/news/article-2392897/What-austerity-Sir-Mervyn-King-leaves-Bank-England-THREE-leaving-parties-597-silver-napkin-ring-huge-10-000-portrait-himself.html Sir Mervyn King quit the Bank of England with leaving parties and presents costing more than £23,000, including a huge portrait of himself, it emerged today.The 65-year-old was also presented with a silver napkin ring costing £597 and a £2,505 sculpture of a German politician. As well as buying the presents, the Bank also footed the bill for three leaving parties at a total cost of more than £10,000. How very generous and it all counts towards GDP! Quote Link to post Share on other sites
SleepyHead Posted August 14, 2013 Report Share Posted August 14, 2013 Those high prices are indeed thanks to his massive debasement of the currency. Thanks for the human misery you've created Merv. Hope you're proud of yourself. Quote Link to post Share on other sites
billybong Posted August 14, 2013 Report Share Posted August 14, 2013 Labour MP George Mudie told MSN: ‘If I compare what happened to him and what happens to a nurse or teacher when they retire, I think ordinary people will be outraged at a time of austerity that such money should be lavished on someone who has a £198,000 pension. You don't have to be a Labour MP to see that. Quote Link to post Share on other sites
@contradevian Posted August 14, 2013 Report Share Posted August 14, 2013 You don't have to be a Labour MP to see that. Labour MP George Mudie told MSN: ‘If I compare what happened to him and what happens to a nurse or teacher when they retire, I think ordinary people will be outraged at a time of austerity that such money should be lavished on someone who has a £198,000 pension. Well one nurse managed to bequeath £520k to the government, but I guess her house earned more than she did, thanks to the Bankrupt of England and the LabourTory Rentier/Fascist Alliance. Quote Link to post Share on other sites
billybong Posted August 14, 2013 Report Share Posted August 14, 2013 Well one nurse managed to bequeath £520k to the government, .... That's a fair point but I think the quote was referring to the retirement party gifts. A lot of nurses and teachers do seem to be well off these days compared to many similarly qualified workers in the private sector. Quote Link to post Share on other sites
FreeTrader Posted August 14, 2013 Report Share Posted August 14, 2013 The portrait they gave him: Quote Link to post Share on other sites
zugzwang Posted August 14, 2013 Report Share Posted August 14, 2013 The least capable Governor in the Bank's entire 300yr history. Wonder what he'd have made off with if he'd done his job even semi-competently? A national disgrace. Quote Link to post Share on other sites
@contradevian Posted August 14, 2013 Report Share Posted August 14, 2013 The least capable Governor in the Bank's entire 300yr history. Wonder what he'd have made off with if he'd done his job even semi-competently? A national disgrace. He always seemed to be able to run rings round the politicians on the Finance Committee but that isn't saying much. Quote Link to post Share on other sites
onlyme2 Posted August 14, 2013 Report Share Posted August 14, 2013 The least capable Governor in the Bank's entire 300yr history. Wonder what he'd have made off with if he'd done his job even semi-competently? A national disgrace. Spent all his time sucking up to the politician that kept in his position. Funny that within years of being given independence the central bank should become such a disgraceful charade. The real damage is difficult to assess - not only the bubbles, the bank runs, the malinvestment, but the priciing out of much of what was left of uk manufacturing, not to mention the total social mess left by his years of manipulation nad pompous posturing. Like you say a national disgrace. Quote Link to post Share on other sites
doomed Posted August 14, 2013 Report Share Posted August 14, 2013 Well what can you say. This just shows how apathetic and ignorant the electorate are. Who do they think pays for this? What do they think he has done to deserve such lavish pension and retirement gifts? Quote Link to post Share on other sites
interestrateripoff Posted August 14, 2013 Author Report Share Posted August 14, 2013 He always seemed to be able to run rings round the politicians on the Finance Committee but that isn't saying much. To be honest the local cabbie would run rings round them. To be honest the local cabbie would probably have done a better job as a central banker. Quote Link to post Share on other sites
Guillotine Posted August 14, 2013 Report Share Posted August 14, 2013 It's an Arab strap and his favorite w*nking material. Quote Link to post Share on other sites
JPJPJP Posted August 14, 2013 Report Share Posted August 14, 2013 (edited) and, just to help keep him occupied, give him a place to hang out in London and an opportunity to top up his miserly pension earnings... a seat in the Lords we really are led by the least amongst us Edited August 14, 2013 by JPJPJP Quote Link to post Share on other sites
Spoony Posted August 14, 2013 Report Share Posted August 14, 2013 The least capable Governor in the Bank's entire 300yr history. Wonder what he'd have made off with if he'd done his job even semi-competently? A national disgrace. Indeed but I don't think this will be widely accepted for at least another 100 years, when people look back and see what madness the period 1997- 2013+ was Quote Link to post Share on other sites
interestrateripoff Posted August 14, 2013 Author Report Share Posted August 14, 2013 Indeed but I don't think this will be widely accepted for at least another 100 years, when people look back and see what madness the period 1997- 2013+ was But 1997 was Eddie George. Quote Link to post Share on other sites
MississippiJohnHurt Posted August 14, 2013 Report Share Posted August 14, 2013 it all counts towards GDP! Quote Link to post Share on other sites
EmmaRoid #FBPE#JC4PM#GTTO Posted August 14, 2013 Report Share Posted August 14, 2013 The portrait they gave him: Is it Eddie May doing the Ayatollah? Quote Link to post Share on other sites
FreeTrader Posted August 14, 2013 Report Share Posted August 14, 2013 Is it Eddie May doing the Ayatollah? The actual one: The staff put a small plaque beneath it which reads: "Legend? Nah, fat knob." ...which looks to me like an anagram of "The Bank of England". I'm sure he took it in good spirit. Quote Link to post Share on other sites
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