The jolly japester (sic) who runs London has been asked to appear in front of the transport select committe to explain why the city ground to a halt during recent snowfalls.
I’m sure there’s a mixed metaphor to be had here re a big fish across the pond.
But the RBS director with an equally impressive pension – according to RBS’s 2007 accounts – is one Larry (Lawrence) Fish, chair of the bank’s US operations. His pension pot was $24m at that point.
Has Pesto got his sums right? He reported that Sir Fred Goodwin is drawing a pension of £650,000 a year from a pot of about £16m. But if you take account of Goodwin “retiring” at 50, the maths doesn’t seem right.
The FSA’s handy pension calculator shows his total pension pot is closer to £25m. Yes, there’s even more cash for Alistair Darling to claw back.