Harringay, Haringey - So Good they Spelt it Twice!

Big banker bonus abandoned

The CEO of the Royal Bank of Scotland, Stephen Hester, has joined his boss the Chairman, in declining the (controversial) big bonus he was expecting (£963,000 shares-only payment). Mr Hester's salary is £1,200,000 p.a.

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Permalink Reply by Alice Martin on January 29, 2012 at 23:04

Would he have done this without the outcry, I wonder? And where is all that money going now? Back to the taxpayer? Questions need to be asked.

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Permalink Reply by Clive Carter on January 31, 2012 at 17:11

Mr Goodwin is no longer a knight of the realm, having had his gong withdrawn. Fred received the honour under the previous government for services to banking. He certainly serviced banking.

Next, can we please have Lord Archer de-enobled?

Unlike Jeffrey Archer, Fred Goodwin appears to have committed no criminal offence, but I can't help feeling many members of the economy would like to see him publicly caned.