Bankers Are Ripping You Off
If I were in charge of a bank and I offered to give you £650,000 you would, no doubt, be very happy. If I then said to that you could have this amount of money every year for the rest of your life, I could see delirium coming on. Then imagine that you’re only forty years old and potentially have another forty or fifty years of this generosity coming your way.
Then, if I can be so bold as to stretch your credulity still further, imagine that to qualify for this you presided over the biggest banking disaster in the history of this country. A disaster you engineered by a casual disregard for the norms of good business practice and almost single handedly brought the Royal Bank of Scotland to its knees. The to top it off you went cap in hand to the government and borrowed billions of pounds from the taxpayer to cover your arse.
Welcome to the world of Sir Fred Goodwin.
