Sir Fred will not give up his Mega Pension - New Labour get stuffed
 

http://news.sky.com/skynews/Home/Pol...%2C000_Pension



All day New Labour has gone on about how
they will get a Legal Team to stop his Mega Pension.


Now the Man has spoken
He has given his Job up
and will not Forego his £693,000-a-year pension
despite ministerial pressure to give it up.


Also this is the "3rd Bail out", today, by Stupid New Labour
no wonder he ain't going to give them any of his Legal Money.
He insists that the terms of his severance deal
were agreed with City Minister Paul Myners.
New Labour Balls Up.


http://news.sky.com/sky-news/content...2/15119373.jpg

Sir Fred.



Sign Of The Times.

It is on Ch4 News now



And On Sky News
they just said this story is a 'distraction'
from the real story
that New Labour Bailed RBS out again today
3rd time now.


And also Out Going
'PM Brown' has been
Rebuked For Breaking Rules
http://news.sky.com/skynews/Home/Pol...y_Declare_Rent

We gotta keep the banks afloat.. They are dumping their bad debt into a government bad debt bank.. This will build trust with banks to lend to each other which will slowly lead to credit for companies, the public.. Company credit is vital! This will take years to get back to pre-credit crunch days. Yes we can blame the banks for this but we all went along for the ride on the 10 year credit binge...
There was many problems and credit cards have a part to play.. You spend £100 on your credit card, the company that gave you the credit sell that to another bank as debt for around £125/£150.. Its all fair and is done with home loans, car loans etc and keeps the credit wheel spining..

Why should he? £650,000 is nothing in comparison to £24,000,000,000. It was also part of a contract.

I don't see why labour are to blame and I don't get your obsession with blaming them for everything.

He's manager of a massssive company.

I dont know what is expected?

Also this Money goes back over many Jobs
before the Loss.

But what stinks is
"his terms of his severance deal
were agreed with City Minister Paul Myners."

Stupid New Labour
need top understand Fred's
contract goes back over 20 years
it is Legal.

^So you do agree with the amount?

New Labour wasted the day on this
and at the same time put out
a 3rd bail out.
And the Fact is it's
a 20 year Legal Contract.

This is not as important
as The Massive Over Debt New Labour has put this nation in.


Blame New Labour yes
they are in charge.

No
but it goes back over a Legal Contract of 20 years
so it can not be stopped.

This is Typical Distraction by New Labour
the real story is the Billions they used yesterday
for the the 3rd bail out.

The Government had no choice but to bail out the banks! Listen to what everyone is telling you! The whole social/economic structure would have broke down if we didnt!

Whoever was in charge would have had to do the same! The only difference is if it had been the Conservatives it would be public services that suffer to pay for it!

What should they have done Arista?

Called a Election.



This thread is about Pathetic Brown
trying to get Fred's money.

To be honest in his position I would not give up my pension. At the end of the day it was part of his explicit terms and he has served the banking community well for many years.

Bang On Right
it is all Legal.


New Labour are wasting time on this.

It might be legal but is it moral?
.... he was asleep at the wheel. His poor governance meant that taxpayers had to bail his company out.
"He is widely seen as the architect of RBS's disastrous strategy of corporate acquisitions, which led to its downfall."
So tax payers had to bail them out but they give him a huge slice of that money by paying him a 16 million pound pension. .... lol for being rubbish at his job. Your right Arista.. it is legal.....but are you happy that some of your tax money ( assuming you have a job) that was meant to prop up the company is going to this bozo new villa.
Labour should have put strings attached to that bail out to ensure none went to upper management golden handshakes.

I want Corrupt New Labour out.




http://news.sky.com/sky-news/content...4/15230745.jpg


New Labour Approved this.

It might be legal but is it moral?
.... he was asleep at the wheel. His poor governance meant that taxpayers had to bail his company out.
"He is widely seen as the architect of RBS's disastrous strategy of corporate acquisitions, which led to its downfall."
So tax payers had to bail them out but they give him a huge slice of that money by paying him a 16 million pound pension. .... lol for being rubbish at his job. Your right Arista.. it is legal.....but are you happy that some of your tax money ( assuming you have a job) that was meant to prop up the company is going to this bozo new villa.
Labour should have put strings attached to that bail out to ensure none went to upper management golden handshakes.

Because it is 20 years of Work Pension
yes it is Moral.


But New Labour approved this deal.

Fred as good as stole all our money!

Nothing you can do about it.
20 years of Work Legal Pension.

If you want someone to blame, blame Fred!....Grrrr Fred....bastard

legalized robbery!

I've got a great idea! Tax people, scratch that...bankers earning over £500K a year at 70%

lol.... what a joke
16 million for being sh*t at the job.
Labour tries to stop it
Arista complains.... is this loser your daddy?

" New Labour approved this deal"
?
What are you on about now?
you said... labour have no legal right to stop it. You say you are FOR the 16 mil handshake...but then you say Labour should have stopped it because they had the power to. Do you read the articles before posting them?

No the money is for 20 Years Work.
This is on Every News channel.

Stupid Brown
needs to get on with his Job
before the UK Public kick the One Eyed Scottish Idiot Out.



http://news.sky.com/sky-news/content...4/15230747.jpg


http://news.sky.com/sky-news/content...4/15230741.jpg

http://news.sky.com/sky-news/content...4/15230814.jpg

So you think £600K per year pension is a fair whack for 20 years work? considering he bought down the bank and helped **** up the whole economy/our futures at the end of his career!