Chris Skinner's blog Shaping the future of finance
Today's news headline: RBS pension deal 'not justified' (BBC) – "The size of former RBS chief Sir Fred Goodwin's pension is not justified, Scottish First Minister Alex Salmond has told Holyrood."
One of hundreds of news items criticising the £693,000 pension (today's figures) Sir Fred Goodwin will receive from Royal Bank of Scotland.
News headline, 13th October 2008: RBS' Sir Fred Goodwin falls on his sword (This is Money) – "… his departure will be cushioned by a pension pot of £8.4m, worth £579,000 a year."
One of hundreds of headlines stating that Sir Fred had left RBS and mentioning his pension six months ago.
News headline, 14th February 2009: HBOS announces £10billion loss (The Mirror) – Lloyds share price loses a third in value in a day.
News headline, December 12th 2008: "HBOS investors vote for Lloyds TSB merger" (The Times) detailing HBOS's losses of over £8 billion.
