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RBS: Sir Fred Goodwin, the best retirement in the world?

If you stand abreast of the news, you hear about the case of the golden retreat of the former CEO of RBS, Sir Fred Goodwin.

For those who did not follow, here are two parallel information concerning:

- This genius is largely responsible for the loss record of the bank (28 billion euros).

- He sees his forced departure from (the bank was nationalized to prevent bankruptcy) a "retreat" of £ 693,000 (or € 780,000) per year.

Shocking, is not it?

Let us not dwell on the loss. In this time of crisis, we are accustomed. We will retain it's just a great performance in this area (more than 5 times the loss of Jerome Kerviel Societe Generale signed!). A performance worthy of the Guinness book: Biggest loss ever for a British company.

Rather we are interested in the reward offered to champion:

Retirement at age 50! The pénébilité his work certainly justifies the prematurity of this shutdown.

And above all, a retreat of 780 000 € a year! So yes, for some time, when not talking in billions of euros, we go for smaller players. But still. For those who do not like the numbers, this retreat is about € 2130 per day. SMIC 60 per month. 30 times the best possible gain from the old Tac-o-tac TV! Without having to lift a finger.

The British government tried to give Sir Fred Goodwin to his unjustified windfall. It does not respond.

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