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Lesley Riddoch: Ministers must grasp the banking nettle, not be stung by it

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Published Date: 02 March 2009
LET'S face it, Sir Fred Goodwin was cute. Facing the end last year, he kept his wits about him, generously waived his 12-month notice period (and therefore one year's salary) and helpfully jumped before he was pushed from the top spot at Royal Bank of Scotland.
Behind that smokescreen – considered by Lord Myners, the financial services secretary, to be an "appropriate and sufficient recognition of the circumstances" – he negotiated a bonzer pension pot.

According to one independent pensions consultan...



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  • Last Updated: 01 March 2009 8:41 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: Lesley Riddoch
 
 

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