Vandals Hit Home of Ex-Chief of Bank

[biopowertoday]

Source: nytimes


http://www.nytimes.com/2009/03/26/business/worldbusiness/26rbs.html?hp

Vandals Hit Home of Ex-Chief of Bank


Danny Lawson/PA, via Associated Press

A police officer walked past a broken window on at the home of Sir Fred Goodwin, the former chief executive of Royal Bank of Scotland, in Edinburgh on Wednesday.


By JULIA WERDIGIER
Published: March 25, 2009

LONDON — The house of Fred Goodwin, the former chief executive of the ailing Royal Bank of Scotland, was vandalized early Wednesday and windows of his car were smashed.

Mr. Goodwin attracted criticism for keeping his £703,000, or $1 million, pension despite a string of ill-timed acquisitions under his tenure that brought the bank under government control and calls from Prime Minister Gordon Brown to surrender the payment.

At least three windows on the ground-floor level of his house in an affluent suburb of Edinburgh, Scotland, were smashed and a black Mercedes S600 parked in the driveway was vandalized. It is unclear if Mr. Goodwin was in the house at the time.

“We can confirm we attended at an address in Oswald Road at 4.35 a.m. on March 25 and inquiries are ongoing,” a spokeswoman for the Lothian and Borders Police said in a statement. No one has been arrested or charged and the police have asked anyone with information about the incident to step forward, she said. .....................

Read more: http://www.nytimes.com/2009/03/26/business/worldbusiness/26rbs.html?hp

[mountainvue]

1. I think some of these thieves and incompetents might do

well to remember the French Revolution.

[KansDem]

2. GRAPHIC: This photo should be hanging on the office wall of every Wall Street and banking CEO..

...as a reminder of what could happen when you lose the public trust.


Benito Mussolini et al...