BS: Sir Fed Goodwin - £1,800 a day

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: GUEST
Date: 26 Mar 09 - 03:08 PM

Sir Fred the Shed ad such a big ead,
he feathered his nest
siad he'd dun is best
then took off
and left a big mess.

Lord Myners was a city slicker,
who got a cushy job
but took pity
on poor ole Fred what dun his ead
then said I said he said

Sir Fred lies low
counting his money
Lord Myners as amnesia
as he goes in front of the media
but with a smile envies fred's cash flow.

It ain't all bad
its a piece of bliss
when you got a fat wad
they can yell and they can scream
but these two cats got the cream.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: goatfell
Date: 09 Mar 09 - 01:14 PM

but at lest they are doing somthing for that type of money what has the greedy bastard 'sir' Fred done for his pension nothing except trying to destroy the RBS

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Jean(eanjay)
Date: 08 Mar 09 - 03:56 PM

Zara Phillips is receiving £90,000 a year in a sponsorship deal from Royal Bank of Scotland; her brother also works for the bank's sponsorship department.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Acorn4
Date: 01 Mar 09 - 07:28 PM

And Screaming Lord Sutch is no longer with us!

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Kampervan
Date: 01 Mar 09 - 07:11 PM

O.k., so we all agree that it's wrong, and by common consent, the way we change things in this country is to vote out the Government responsible and elect another one that we hope will do better.

Now the very wealthy are doing very well under this government, so obviously we need an administration that is pledged to help the less well off, a left wing, (labour?) government.

Oh bugger, that's what we've already got!

Where now?????????

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Eric the Viking
Date: 01 Mar 09 - 06:05 PM

What will they charge him with and on what grounds?

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: McGrath of Harlow
Date: 01 Mar 09 - 05:18 PM

Harriet Harman said in an interview today ""The Prime Minister has said it is not acceptable and therefore it will not be accepted. It might be enforceable in a court of law this contract but it's not enforceable in the court of public opinion and that's where the Government steps in."

To my ears that sounds as if the Government might be thinking of reviving an ancient procedure called an Act of Attainder...

This involves Parliament passing a judicial sentence on an accused person, as if it were a court of law, acting in place of a judge and jury, with the Bill of Attainder supplanting a judicial verdict.

The procedure hasn't been invoked in the UK since the 18th century, but it's still available in the UK - unlike in the USA where the Constitution forbids it.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Ebbie
Date: 01 Mar 09 - 03:28 PM

Why not pursue the penalizing of the bank?

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Acorn4
Date: 01 Mar 09 - 08:47 AM

There is only one slight drawback to the "Get Fred" philosophy. If he had a contract, then that might have to be ignored to make him pay back his ill-gotten gains.

Apparently the government is already seeking legal advice on reneging on public service pensions, so this means that if you are a teacher, NHS worker or anyone in the public sector, you "guaranteed" pension may no longer be so.

If Sir Fred's money is to be clawed back, it must be done legally if it is not going to be used to create a precedent of breaching contracts.

It may be a question of cutting losses and making sure that future finance bosses are more than just pin-striped greaseballs with a dtermined expression on their faces.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Stu
Date: 01 Mar 09 - 04:55 AM

So much for the collapse of capitalism, it seems like the greedy sods are going to get away with it. Again.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: goatfell
Date: 01 Mar 09 - 04:28 AM

well now you see why i don't vote for Labour Tory party. Sir Fred gie's yer money no change!

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: DMcG
Date: 01 Mar 09 - 03:19 AM

He was fined, imprisoned, but best of all, made to walk down Whitehall with his head in a horse's anus.

Would be ideal for Sir Fred

Banned under the "cruel and unusual punishments" constraints, I'm afraid. Although if we do it to enough of these blighters, it must stop being "unusual", I suppose.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Leadfingers
Date: 28 Feb 09 - 06:57 PM

So many people didnt realise that significance when New Labour dropped all reference to Socialism in the Manifesto for the 1997 election . John Major's policies were in the main to the left of New Labour policies !

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Folkiedave
Date: 28 Feb 09 - 06:21 PM

You and me.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Jean(eanjay)
Date: 28 Feb 09 - 06:07 PM

Just read that the 54 year old HBOS chief is getting his pension of £5000 a week and he got a cash pay-off of £660,000. Where the hell is all this money coming from?

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Penny S.
Date: 28 Feb 09 - 05:53 PM

What about everyone refusing to sell him anything, service him in any way, render his money useless?

Penny

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Acorn4
Date: 28 Feb 09 - 04:17 PM

I think the preposition was "in" rather than "up" , so it may have been physically possible without too much inconvenience to the horse.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: greg stephens
Date: 28 Feb 09 - 04:13 PM

How exactly was this accomplished. Was it still attached to the horse? I can't help feeling a horse-collar might have been more likely.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: McGrath of Harlow
Date: 28 Feb 09 - 03:42 PM

He was "Sir Giles". But his punishment included being stripped of his knighthood - now there's something that could well happen to "Sir Fred", if the horse's arse is seen as out of the question.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Jean(eanjay)
Date: 28 Feb 09 - 02:35 PM

How did he breathe?

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Acorn4
Date: 28 Feb 09 - 02:20 PM

It's no good getting angry and wound up about it! His sort have, and always will exist. He's just the tip of the iceberg of a culture of greed. Those who borrowed on credit so they could swan up and down the road with their fat arses in their 4 x 4s are just as much a part of it.

His type have always existed. In the reign of James l, royal servants were paid by the granting of monopolies, which put up the prices of basic commodities like soap for ordinary punters. A man called Giles Mompesson became notorious for accumulating these, until he was brought to book by an angry Parliament in 1621.

He was fined, imprisoned, but best of all, made to walk down Whitehall with his head in a horse's anus.

Would be ideal for Sir Fred but a bit harsh on the poor horse perhaps.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: McGrath of Harlow
Date: 28 Feb 09 - 01:41 PM

99p on people "earning" over £200,000 a year? That sounds a bit minimalist.   I suspect you may have meant 99%...

Though for Sir Fred that penny in the pound would still leave him trousering £6,500 a year, which is still more than I get in pension from 20 years as a social worker.

Maybe a tax of 110% over a reasonable maximum would be the way to go...

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Eric the Viking
Date: 28 Feb 09 - 12:33 PM

There are about 60,000,000 adults in Britain. In even half of us were fed up enough to revolt, they(the super rich, bankers, politicians etc) wouldn't be able to do much. The only trouble is getting us all to do it at the same time !! Of course you can vote people out at the ballot box to put the same or very similar in. I hoped when the tory's were voted out it would be the most significant shift in British politics and the masses would get a fairer deal. HOW WRONG I WAS !! What a disappointment. A bitter disgrace. Shame on the party of the peole.

We will be whiter than white". Who said that !!

Subject: RE: BS: Sir Fed Goodwin - �1,800 a day
From: Wolfhound person
Date: 28 Feb 09 - 12:19 PM

Join the society for the re-introduction of crossbars on lamp posts so there's somewhere for the buggers to swing.

Put a 99p tax on anyone earning over.....?200k a year?

Impractical, I know, but *honestly*!!!

Grrrrrr
Paws

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: GUEST,Doc John
Date: 28 Feb 09 - 11:39 AM

I've been seeing signs and hearing people say 'Make Poverty History'. Quite right! Now forgive me if I'm being naive but 1. There's only so much money to go around. 2. A few people have an excessive share of this money: some have as much or more than the total 'wealth' of some third world countries. 3. The poor will remain poor as there's nothing left to go around. So rather than making poverty history, it would be more effective to make excessive wealth history. Tell me if I'm wrong.
Doc John

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: McGrath of Harlow
Date: 28 Feb 09 - 11:22 AM

He's obviously a greedy bastard, but that's hardly unusual in his line of business. Or in most lines of business, for that matter.

A years ago Peter Mandelson (another example of the same tendency, but in the political context) talked about how New Labour was "intensely relaxed about people getting filthy rich". So there's not too much hope from that direction. And the Tories might make a few soundbites about it, but they are aren't going to go after their friends. (How unlike New Labour in that respect...)

It'd be nice to imagine a sea change in which being filthy rich was indeed recognised as being filthy, and not something to be tolerated. We might even see that being how ordinary people start to see it once again. But getting that translated into changes in the way in which things are actually done is something else again, especially given the claustrophobic electoral system we have.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: GUEST,Doc John
Date: 28 Feb 09 - 11:14 AM

Hey Dave, he's not greedy: he's rich and the Queen (doesn't she do a good job?) tapped him on the shoulder! Only poor people are greedy especially if they join the union and want a living wage. Didn't Margaret Thatcher teach you anything? And didn't you go to church and sing about 'The rich man in his castle, the poor man at his gate'. 'To him that has shall be given and from him that has not shall be taken away';now who was it said that?

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Jim Carroll
Date: 28 Feb 09 - 10:14 AM

Can't help but note the wonderful Freudan slip in referring to him as 'Fed' - and who feeds him ? (answers on a postcard please)
"he should be in prison."
Or in parliament!!!
Jim Carroll

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Jean(eanjay)
Date: 28 Feb 09 - 08:01 AM

Forcing the company into administration now would have consequences for the rest of the financial system so I can't see that happening just to reduce his pension. Perhaps bailing them out in the first place was the wrong thing to do. If the governmant hadn't bailed them out they would have gone bust and pension guarantees would have been up to £28,000 per person; still more than a lot of us will ever see but better than the six figure sum above.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Dave Hanson
Date: 28 Feb 09 - 07:19 AM

The sheer greed and arrogance of the man is staggering, he should be in prison.

Dave H

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Rog Peek
Date: 28 Feb 09 - 07:08 AM

Apologies for poor punctuation, I was so bloody furious, I forgot the question mark and slipped in an unnecessary apostrophie.

Rog

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Rog Peek
Date: 28 Feb 09 - 07:06 AM

What about the government minister, 'unelected' Lord something or other, who signed off on this back in October. Why is he still in a job. - democracy my arse, big business lining it's pockets once again.

Rog

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Jean(eanjay)
Date: 28 Feb 09 - 06:39 AM

He will probably keep the money and the knighthood!

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Dave Hanson
Date: 28 Feb 09 - 02:55 AM

The thing is RBS doesn't have enough money to pay him, it's OUR fecking money he's getting.

Dave H

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Eric the Viking
Date: 27 Feb 09 - 08:11 PM

I think he's already "racked" up a fortune Richard ! The problem is he is entitled to that money (Not morally I agree) and the culture that has grown of late is to take as much as possible in the way of high salaries and bonuses and then huge pensions and pay off's to the detriment of us poor peasants.The culture of greed is to blame. It is amongst many sections of society from rich to poor. He's not the only one and I think it foolish for politicians to suddenly take the moral high ground as they have been fiddling expenses, insider dealing, fiddling allowances, taking bribes, setting themselves well above inflation salary increases for years. The first thing Thatcher's government did when they came to power was to give MP's a huge pay rise while keeping local government, public workers at low wages and that has happened time after time since.It's a sad world that so many people are living below and on the poverty line (drawn up by people with enough money and not realistic in real terms).

He will like many others keep it and laugh his head off at the rest of us. The rich are a club that rule the world. It's time they were broken. The trouble is, they own the police and other forces who swear blind allegiance to their form of government.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Folkiedave
Date: 27 Feb 09 - 07:38 PM

#The answer is pretty simple.
Let RBS go bust. For five minutes. After the five minutes are over re-hire everyone except Sir Fred.

A firm in Sheffield went bust owing a stack of money to you and me (they hadn''t paid their taxes) along with a load of employees. The next day the old owners had re-started the business under the same name.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: GUEST,Auldtimer
Date: 27 Feb 09 - 12:12 PM

1,800 a day me boys and bugger all to do, no trouble from the forman he's in the union to. Nearly an up-date of an old song.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Zen
Date: 27 Feb 09 - 11:34 AM

This could help.

Zen

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Wesley S
Date: 27 Feb 09 - 11:11 AM

You're not really expecting him to give it back of his own accord are you?

If wishes had wings frogs wouldn't bump their butts.

Subject: RE: BS: Sir Fed Goodwin - £1,800 a day
From: Jean(eanjay)
Date: 27 Feb 09 - 11:06 AM

Yes. He's only 50 he should get another job like everybody else would be expected to do and he will always get state pension when the time comes!

This is obscene.

Subject: BS: Sir Fed Goodwin - £1,800 a day
From: Stu
Date: 27 Feb 09 - 10:45 AM

As UK Catters will be aware, former RBS boss Sir Fed Goodwin has waltzed off with a £693,000 a year pension at 50, apparently for steering his bank into abject failure at massive cost to the taxpayer.

Thing is, should he hand it back?