[Osem]

Originally Posted by BBKing

Interesting piece pointing out why Fred's Pension is the consequence, not the problem.

http://stumblingandmumbling.typepad....s-failure.html

No, they can't take it off him - confiscation of property at executive whim is not what we're about in a British democracy and thus a clear breach of the European Convention on Human Rights.

Much better for RBS to sue him for dereliction of duty, or similar, but that runs the risk of, as Chris Dillow points out, revealing just why unrestrained executive greed wasn't just tolerated by the political leadership, but encouraged. I missed the bit where they conclusively proved that absolute power doesn't corrupt absolutely after all.

Perhaps the electorate should try that approach on Brown and his cohorts..