Having mixed feelings over the Goodwin pension debacle

Gordon Brown is getting all uptight at ex-RBS chief Sir Fred Goodwin’s decision to keep his massive pension, despite the bank’s record losses of umpteen billion.

While Fred is undoubtedly an odious whelk, I can’t help but think that Gordon has got things out of proportion. Sure a £16m pension pot is an outrageous amount, but it’s a drop in the ocean in terms of the banking bailouts and the general economic crisis.

Gordon’s explosion is all a smokescreen. The PM’s ire would be far better turned on himself for permitting characters like Goodwin to prosper with such catastrophic results for the past decade.

Posted via email from Thoughtcat’s Posterous