Archive for Fred Goodwin
RBS – we need bonuses – we need them now
The RBS Board appear to have learnt nothing and are keen to review their perks once again.
In early May RBS reported a loss of £895 million for the first quarter, which compares to a profit of £245 million a year earlier.
Stephen Hester said of the results and the likely time scale of RBS returning to profit:
‘…It’s not really in our hands, it’s in the hands of the economy and what it does to our loan books,…’
Saving up for retirement, try the new ‘Cock-up’ Pension Plan
For some reason the Government and pension brokers are not pushing the new ‘Cock-up’ pension plan.
The scheme requires you do achieve a level of authority in an organisation. A level senior enough that when you wish to draw your pension, you are able to make such a significant cock-up, that your suggestion of retirement is a welcome relief to those around you.