Friday 20 January 2012

20.1.12 Fred Goodwin

There seems to be a debate concerning what to do about "Sir" Fred Goodwin, specifically over his knighthood.  The answer is completely and utterly simple - strip him of it, and stop fannying around!

The main reason for acting is not that he's a man with unattractive traits, and whose profile is shabby as fuck.  Nor is it that he is greedy and displays everything about bankers that gets the public riled.  Stripping him of the honour is essential because he was given it in the first place for "services to banking".  So, there can be no cry that his job and performance are nothing to do with the knighthood.  It would certainly be more difficult to argue for removal of the honour if he'd done tons of charity work to gain it, and just happened to be a cock on the banking front.  However, it is fortunately his work that was commended.

Now that we know the full extent of his "services to banking" - a taxpayer bill of £45billion - I rather think that he can be fairly described as a twat, and ever so slightly incompetent.  Some might argue that "Cunt" is a better form of address for Fred Goodwin, rather than "Sir".

I suspect Gordon Brown, who created this situation with the award of a knighthood, is squirming a bit - well, as much as his conscience and outlook allows.  Hmmmmm . . . . perhaps not then; no, he'll be in hiding still, after doing nothing good.  His low profile these days is actually the best thing that's ever materialised on the Gordon Brown front.

Bankers will always earn a fortune, and whatever governments do to try and gain support from the public in curbing bonuses, there will be numerous examples of amazing payouts, whether cash, shares, pensions or Nectar Points.  With this being a given, why oh why do we insist on topping up the earnings of these mercenary bigwigs with knighthoods and various other honours?  His services to banking (irrespective of the £45billion debt legacy) were being paid for via a salary of many millions anyway!

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