Mar 022009
Dennis Howlett has a blog on the above topic under the title McCarthyism revista | AccMan.
I agree with him: a kangaroo court for Sir Fred is madness. The idea we might use parliamentary time to limit his pension is crazy.
For heaven’s sake – let’s get on and use the effort and anger to change the regulatory environment – to bring in tax rates that means those with high earnings pay their dues – to put effective sanctions on offshore – to require transparency in accounting – and so much more.
He’s a symbol of our failure.
Now let’s put the future right.
One Response to “Sir Fred Goodwin”
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who’s failure? His bank suffered as a result of poor acquisitions, but you might argue that it was more the failure of Brown’s tripartate regulatory system. The pension thing was more directly attributable to Brown’s administration – interesting that Brown is using it as a smokescreen to cover up the magnitude of the latest bail out – you might almost think it was contrived!!!
Hats off to Dennis for standing up to the mob.