Taxpayers’ Money Funding Loss of Taxpayers’ Jobs

If you can keep your job when all your workers
Are losing theirs and blaming it on you,
If you can vote yourself a massive bonus,
Despite the quarter’s plunging revenue,
If you can wait and not be tired by waiting
To sink the knife exactly where it fits,
And being hated beat them all at hating,
And then downsize them all, you foul arseholes.

Meanwhile, Cadbury’s staff may no longer have to worry about their taxes being used to fund said bonuses, as a loan approved by taxpayers’ funded Royal Bank of Scotland is successful in allowing Kraft to buy Cadbury’s.

At least Gordon Brown found it amusing when Nick Clegg raised it in Prime Minister’s Question Time.

UPDATE – Allan Massie argues in The Scotsman (subscription required) that Fred Goodwin should be allowed to redeem himself and rebuild his career, now reduced to a paltry seven hundred grand per annum.

Objecting to his appointment by RMJM architects, which currently receives Scottish Executive contracts and whose earlier successes including designing the Scottish Parliament buildings, is a “piece of repulsive and vindictive self-righteousness”.

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4 Responses to “Taxpayers’ Money Funding Loss of Taxpayers’ Jobs”

  1. subrosa Says:

    Alan Massie is wrong. Fred Goodwin has made a bad move. To associate himself with RMJM he’s cocking a snoop at the people whose money kept him in the luxury he now expects to live out his days. Disgrace.

    I have no objection to the man earning in the least, for the record. There are plenty serious charities who would benefit from his expertise.

  2. efrafandays Says:

    Yes, that’s my thought as well, Rosie. I generally do agree with Massie on other points, and do agree with him here that the outrage of politicos who were happy with the status quo ante whilst Vince Cable was still a tinpot Jeremiah is self-righteous twaddle… but Goodwin is not showing contrition, and has simply carried on regardless.

    How about volunteering for Haiti?

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