Thursday, 18 June 2009

Fred Goodwin's Pension Pay Back

Online Stock Trading - Fred Goodwin to Have his Pension Shredded in Half

Sky news is reporting that Fred Goodwin is to be paying back part of his £703,000 a year pension that he got at age 50 after destroying Royal Bank of Scotland, for services rendered. The government is reported as being confident that he will pay back half of his pension. so he will have to get buy on £351,500 and some public sympathy. [UPDATE : He is paying back £342,500 of the pension - so just under half]

It has also been revealed today that Gordon Brown our illustrious and prudent Prime Minister put in a charge in his expenses for around £170 for a CD of some photos of himself. At the same time we hear that Gordon Brown is considering making seeking for pecuniary advantage a 'criminal offence'. How odd. For more on Gordon Brown's Exepenses see - Gordon Brown's Expenses

There may also be another 50 or so MPs resigining. We live in hope.

Worried about your own retirement and what to do with your retirement investments - see retirement investing
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