Britian's Sir Fred Goodwin claims he is entitled to his pension rewards, regardless of his dismal performance as head of Royal Bank of Scotland. The RBS ex chief executive is defending his right to not only a dubious payment amounting to 16.9 million pounds, but also a yearly pension amount of 703,000 pounds.
It is said that that he still takes the view that he is entitled to the money.
He should start a new career as Britain's version of Ed the Sock. Sir Ed, cigar?
"Goodwin's pension pot was doubled to £16.9m on the weekend the bank was bailed out by the taxpayer in October."