Security steps up for bankers and execs, as we become 'too angry'
"This is just the beginning," they warned, as they kicked the rear bumper tire of the mercedes outside Sir Fred Goodwin's property (unaware that it probably belonged to his chef).
So today, it was announced in the Scotsman that instead of addressing the real issues, security for various bankers and executives would be stepped up as Brits get 'too angry' about the big bonuses given to execs and bankers even in the recession.
The attack on former RBS boss Sir Fred Goodwin's £3m residence by the "Bank Bosses are Criminals" group is raising concern of similar attacks to come, seemingly part of a 'campaign' to condemn bankers living luxurious lifestyles, while "ordinary people are made unemployed, destitute and homeless." Said to be the work of an Anti-Capitalist group, the motivation of the attack was attributed to Sir Fred negotiating a £16.9 million pension package with no intention of giving it back, especially after the disgrace that occured over at RBS.
But didn't the shamed banker really bring this on himself? One, for being partially responsible for RBS's announcement of losing more than 24 billion pounds ($35 billion) last year, the largest annual loss in British corporate history. Secondly, for shamelessly accepting the annual pension of £700,000 amounting to a £16.9m package with no intention of giving it back, paid by hard earned cash by the every day citizen.
Sir Fred's actions reflect the problem with human greed and expectation of entitlement on a larger scale, as money hungry execs seem more concerned with "me too" AIG-like bonus payouts than in actually saving the banks.
But is kicking in a window or two really going to do much to justify for any of this?
Perhaps the banners posted outside condemning him as a “scumbag millionaire” is a sign that the problem may not be so much that he's a banker, but with the fact that he's, well, rich. But the problem here should not be the divide between the poor and wealthy, but with the ethics and morals involved. RBS still pays for Sir Fred's security and staff insurance for his fleet of cars, so a scratch here and there will just probably be funded from the bank charges some of us have not claimed back yet.