Parky Posted May 6, 2009 Share Posted May 6, 2009 RBS deputy gets £500,000 pension Gordon Pell's pension pot was £9.8m The last member of Sir Fred Goodwin's failed top team at the Royal Bank of Scotland is set to retire with a £517,000-a-year pension. Deputy chief executive Gordon Pell will retire early next year with a pension pot worth £9.8m. He is the last survivor from the board which presided over the bank's ill-fated expansion, including its takeover of Dutch bank ABN Amro in 2007. RBS lost £24.1bn in 2008 - the largest loss in UK corporate history. I realise high end bank bods have a different level of renumeration, but this might have been time to show some moderation seeing as public money has been used to save their corpulent arses. http://news.bbc.co.uk/1/hi/scotland/8035539.stm Link to post Share on other sites More sharing options...
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