Angry Brown will recoup some of Goodwin's pension if law allows

[Albus]

http://www.guardian.co.uk/politics/2009/feb/27/prescott-goodwin

Prime minister speaks out after John Prescott says of RBS chief: 'Let him sue'

Gordon Brown expressed "anger" today over the "unjustifiable and unacceptable" pension of former RBS boss Sir Fred Goodwin.

The prime minister said he was taking legal advice on whether the ex-bank chief's £693,000-a-year pension could be withheld, as John Prescott urged ministers to halt the payout and let Goodwin sue the government through the courts.

Brown said: "I think you will find, although we don't have all the evidence yet, that there is some discretionary element in the contract and we have got to check out what we can do with it. If we have the legal power to do it, I believe that a very substantial part of it should be returned."

The prime minister spoke out after the former deputy PM condemned the "sheer arrogance" of the bank chief who yesterday rebuffed a government appeal for him to forgo some of the cash.

Prescott told BBC Radio 4's Today programme that he should not be entitled to the full amount, adding: "If he refuses to give it back, the government should take it off him and let him sue us through the courts."

The prime minister today added his weight to the row, saying the government was taking legal advice on whether the money could be withheld.

excerpt

[Albus]

1. S'funny though, when Prescott was sacked as Bliars deputy for incompetance

He retained all his pension and other benefits.

Prescott pension pot to be £1.5m

Holding on to his salary puts the Deputy Prime Minister on course for a gold-plated retirement package

http://www.guardian.co.uk/politics/2006/may/07/uk.labour


As Labour MP Geraldine Smith said at the time,

"I think it is outrageous that the Deputy Prime Minister loses his department but keeps his position, his salary and the perks of the job. It seems absolutely astonishing."


And what about Gordon Brown?

Will he be "rewarded for failure" with his full pension entitlement?

Fred the Shred wrecked a bank, and it is wrong that he should be so rewarded.

Gordon wrecked an economy. What will be his reward?

[LeftishBrit]

2. Gordon's failure was to follow the policies of Thatcher and Blair

Should Thatcher also be deprived of her pension?

[Albus]

3. Of course! And further...

she should hang by her eyelashes in Parliament Square so that the people may pelt her with fruit and rotten eggs.

And come the revolution comrades, that is exactly what will happen.