UK Money blog provides news and comment on the world of money, finance and investment. We cover mortgages, loans, leasing, insurance, credit cards, property, savings and taxation.
01 March 2009
Sir Fred Has Little Prospect of Enjoying His Millions
Poor Sir Fred Goodwin. Sitting smugly up in Scotland contemplating the largesse of English tax payers. Sir Fred has got it all wrong. If he had any sense he would immediately return the £23 million he filched from the tax payer as part of his compromise deal for the greatest financial failure in corporate history. He is finished. He has as much chance of enjoying his retirement as Al Capone. For the rest of his life Fred will be as welcome as a leper. Al Capone made it to 48. Fred is already 50. The UK citizenry have paid him 40p each. They will want their pound of flesh. As the most despised person within the UK he has money but no personal credibility. Don't be surprised if Fred succumbs.
Labels:
Al Capone,
Fred Goodwin
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