GM Posted February 26, 2009 Share Posted February 26, 2009 AHA HA HA HA HA, SAYS GOODWIN AHA ha ha ha ha ha ha, aha ha ha, aha ha ha ha ha, former Royal Bank of Scotland chief executive Sir Fred Goodwin said last night. http://www.thedailymash.co.uk/images/stories/fgoo1.jpg RBS staff nicknamed Goodwin 'Giggly Fred' The disgraced banker spoke out while bent over double in an Edinburgh street, slapping his knee as his cheeks took on a deep, rosy pink colour. Becoming light-headed, he was then forced to crouch down with his head buried in his hands while his shoulders began to jiggle uncontrollably. Minutes later the 50 year-old pensioner stood up and attempted to compose himself before his face erupted once again and he began waving frantically as if to stay, 'no, stop, stop, I can't take it any more'. Bending over for a second time, his body was soon gripped by a series of convulsions and within moments he had collapsed onto the pavement where he began rolling back and forth, clutching at his abdomen. Sir Fred then struggled on to his hands and knees, trying desperately to catch his breath and asking passers-by for a glass of water. One eyewitness said: "He was making this strange rasping noise, a bit like a goat that's been kicked in the testicles. "His eyes were all red and watering and he was breathing very heavily. I asked him if he was going to be okay but that just set him off again." Yes - it's the Daily Mash - again... Link to post Share on other sites More sharing options...
madras Posted February 26, 2009 Share Posted February 26, 2009 executive incompetence= big pay off with pension workforce incompetence= summary dismissal. Link to post Share on other sites More sharing options...
GM Posted February 26, 2009 Share Posted February 26, 2009 executive incompetence= big pay off with pension workforce incompetence= summary dismissal. This goes beyond incompetence. This is corruption on a scale the Tories could only dream of. Now THAT's corrupt. Link to post Share on other sites More sharing options...
Tooj Posted February 26, 2009 Share Posted February 26, 2009 Is this the chap who's getting a 650k pension a year? Link to post Share on other sites More sharing options...
madras Posted February 26, 2009 Share Posted February 26, 2009 executive incompetence= big pay off with pension workforce incompetence= summary dismissal. This goes beyond incompetence. This is corruption on a scale the Tories could only dream of. Now THAT's corrupt. don't start me. i read the spectator today and i'm scared to fuck. Link to post Share on other sites More sharing options...
Guest Heneage Posted February 26, 2009 Share Posted February 26, 2009 Is this the chap who's getting a 650k pension a year? 500k I believe and refusing to give it back. What I don't get is why it can't just be taken off him, it's like a 5 year old telling you that you can't have your ball back. Link to post Share on other sites More sharing options...
SEMTEX Posted February 26, 2009 Share Posted February 26, 2009 Is this the chap who's getting a 650k pension a year? 500k I believe and refusing to give it back. What I don't get is why it can't just be taken off him, it's like a 5 year old telling you that you can't have your ball back. ... if the 5 year old had negotiated a contract that states he can have a ball every year for the rest of his life. (I think people should be concentrating on those who gave him such a contract and agreed to pay off his pension in full) Link to post Share on other sites More sharing options...
GM Posted February 26, 2009 Share Posted February 26, 2009 executive incompetence= big pay off with pension workforce incompetence= summary dismissal. This goes beyond incompetence. This is corruption on a scale the Tories could only dream of. Now THAT's corrupt. don't start me. i read the spectator today and i'm scared to fuck. What's in the Spectator today this week? More rabid speculation about the unthinkably unprecedented vortex of financial Hell into which we are all being syphoned for all eternity and damnation? Or worse - like a special ornamental Boris Johnson commemorative plate offer? Link to post Share on other sites More sharing options...
GM Posted February 26, 2009 Share Posted February 26, 2009 Is this the chap who's getting a 650k pension a year? Aye. It's fucking terrifying thinking what shite faces us in years to come now that this dirty little rat has scurried away with his annual lottery win at the taxpayers' expense whilst simultaneously leaving us all to mop up the shit he's left in his self-indulgent egoitistical expansionist wake. We're going to hell in a handcart, but he gets to go to Barbados whenever the fuck he likes in his own private jet. :duff: Link to post Share on other sites More sharing options...
Guest Alan Shearer 9 Posted February 26, 2009 Share Posted February 26, 2009 string up the cunt and bludgeon his gay lovers in front of him Link to post Share on other sites More sharing options...
madras Posted February 26, 2009 Share Posted February 26, 2009 executive incompetence= big pay off with pension workforce incompetence= summary dismissal. This goes beyond incompetence. This is corruption on a scale the Tories could only dream of. Now THAT's corrupt. don't start me. i read the spectator today and i'm scared to f***. What's in the Spectator today this week? More rabid speculation about the unthinkably unprecedented vortex of financial Hell into which we are all being syphoned for all eternity and damnation? Or worse - like a special ornamental Boris Johnson commemorative plate offer? lots about "when" cameron is prime minister,what he'll have to do without at any point mentioning a policy. quentin wilson spouting about his first football match experience,how it was so different to what he expected as there wasn't a riot etc (ipswich V plymouth ). couldn't bring myself to read rod liddle's crap as i know i'd never get that time back. Link to post Share on other sites More sharing options...
Parky Posted February 26, 2009 Share Posted February 26, 2009 executive incompetence= big pay off with pension workforce incompetence= summary dismissal. This goes beyond incompetence. This is corruption on a scale the Tories could only dream of. Now THAT's corrupt. don't start me. i read the spectator today and i'm scared to fuck. What's in the Spectator today this week? More rabid speculation about the unthinkably unprecedented vortex of financial Hell into which we are all being syphoned for all eternity and damnation? Or worse - like a special ornamental Boris Johnson commemorative plate offer? The end. Link to post Share on other sites More sharing options...
Parky Posted February 26, 2009 Share Posted February 26, 2009 string up the cunt and bludgeon his gay lovers in front of him I knew it. Gay bankers are going to fuck up the world. Link to post Share on other sites More sharing options...
Big Geordie Posted February 26, 2009 Share Posted February 26, 2009 That's corruption for you - disgraceful what's happened, but it would seem that the Government may have knew this was going to happen, but chose to do nothing. It's amazing how failure at the top level (and catastrophic in this case) is rewarded so richly with those are responsible denying that it was anything to do with them. Shower of bastards, the lot. All British banks should now be nationalized - because when they have been ran as they are, it's served one purpose. To make greedy, corrupt men even richer. Link to post Share on other sites More sharing options...
Guest Howaythetoon Posted February 26, 2009 Share Posted February 26, 2009 World is not fair at times shocker Link to post Share on other sites More sharing options...
ChrisJbarnes Posted February 26, 2009 Share Posted February 26, 2009 phoning whilst driving? 3 penalty point methinks Link to post Share on other sites More sharing options...
GM Posted February 26, 2009 Share Posted February 26, 2009 Being chauffeur driven, methinks. Link to post Share on other sites More sharing options...
Matt Posted February 26, 2009 Share Posted February 26, 2009 I'm not sure what's worse, the payoff or the fact that this government minister gave it the OK, then publicly condemed it two weeks later. Piss poor all round, frankly. Link to post Share on other sites More sharing options...
GM Posted February 26, 2009 Share Posted February 26, 2009 executive incompetence= big pay off with pension workforce incompetence= summary dismissal. This goes beyond incompetence. This is corruption on a scale the Tories could only dream of. Now THAT's corrupt. don't start me. i read the spectator today and i'm scared to fuck. What's in the Spectator today this week? More rabid speculation about the unthinkably unprecedented vortex of financial Hell into which we are all being syphoned for all eternity and damnation? Or worse - like a special ornamental Boris Johnson commemorative plate offer? The end. Stunning contribution...if only it made any sense at all. Link to post Share on other sites More sharing options...
Dokko Posted February 26, 2009 Share Posted February 26, 2009 Someone will top him, hopefully. Link to post Share on other sites More sharing options...
GM Posted March 1, 2009 Share Posted March 1, 2009 Someone will top him, hopefully. You reckon? http://news.bbc.co.uk/1/hi/scotland/7917705.stm RBS pays for Sir Fred's security Royal Bank of Scotland is still paying personal security costs for its former chief executive, Sir Fred Goodwin. The bank is providing CCTV monitoring of his Edinburgh home and security staff to keep photographers at bay. Sir Fred, 50, is facing intense political and public pressure over his £693,000 pension, despite leaving the bank with massive losses. An RBS spokesman said it was standard to provide security for executives and cover would be withdrawn within weeks. Sir Fred's pension fund doubled to £16m last October when he agreed to take early retirement. 'Not appropriate' The Treasury, which pumped £20bn into the struggling bank, was anxious to get new management in place. The UK Government is now trying to claw back the money, saying it was misled into thinking the pension was legally binding. Commenting on the security arrangements, Shadow Chancellor George Osborne told BBC Scotland's Politics Show: "I don't think it is appropriate, and I think most people will find it surprising. "It's good news that the current management is going to withdraw that support. It's not appropriate the taxpayer should be providing any more benefits to Sir Fred Goodwin." The government pumped billions into RBS in October to keep it afloat, and currently owns a stake of more than 70% in the bank, which announced the largest annual loss in UK corporate history, totalling £24.1bn in 2008. Meanwhile, Deputy Labour Leader Harriet Harman has told the BBC Sir Fred should not "count on" keeping his full pension. She described the settlement - agreed by the RBS board - as "money for nothing". Just gets better and better this, doesn't it. Link to post Share on other sites More sharing options...
madras Posted March 1, 2009 Share Posted March 1, 2009 just think if we had the bottle to demand a government that would spend a tenth of the money used to bail out the banks on health,education,housing and energy we quite possibly,not only wouldn't be in this position now but may all be leading happier more fulfilled and balanced lives. Link to post Share on other sites More sharing options...
GM Posted March 1, 2009 Share Posted March 1, 2009 just think if we had the bottle to demand a government that would spend a tenth of the money used to bail out the banks on health,education,housing and energy we quite possibly,not only wouldn't be in this position now but may all be leading happier more fulfilled and balanced lives. This. ^ It's beyond my understanding quite why we can't find a fraction of the bailout money to spend as you've outlined. Now is surely the PRIME time to be investing in construction projects, saving and creating jobs, keeping the tax take up as high as possible. Brown is as culpable for our future nightmares as any of the greedy bankers and credit junkies who've brought us to where we are now. Link to post Share on other sites More sharing options...
LoveItIfWeBeatU Posted March 1, 2009 Share Posted March 1, 2009 I don't know how Adam Applegarth (former chief executive of Northern Rock) has dodged these sort of demands. He is currently getting a reported £60K a month. He's never apologised or taken any responsibility for destroying Northern Rock. Hopefully karma will give him a nasty disease. These people should be in prison not retiring to a life of luxury. Link to post Share on other sites More sharing options...
madras Posted March 1, 2009 Share Posted March 1, 2009 just think if we had the bottle to demand a government that would spend a tenth of the money used to bail out the banks on health,education,housing and energy we quite possibly,not only wouldn't be in this position now but may all be leading happier more fulfilled and balanced lives. This. ^ It's beyond my understanding quite why we can't find a fraction of the bailout money to spend as you've outlined. Now is surely the PRIME time to be investing in construction projects, saving and creating jobs, keeping the tax take up as high as possible. Brown is as culpable for our future nightmares as any of the greedy bankers and credit junkies who've brought us to where we are now. not just now. the capability to find the money has always been there. unfortunatly there is a lack of desire not only in political circles but through the population at large. people believe that if they have more money in their pockets then they are better off and can't even contemplate a bigger picture and they are also shit scared that someone else may be getting a smidgen more than themselves so if we all grab as much or pay as little as poss we'll all be happy. Link to post Share on other sites More sharing options...
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