That’s ‘Mr’ Shred to you sonny!

So opinion is divided on the stripping of Mr Goodwin’s peerage. Since it was ‘awarded’ for services to banking, my personal take is that he should never have been given it in the first place. Any comfort to be derived from this retraction is cold IMHO.

What does give me ‘paws’ for thought however is the case of Gorbals Mick.

Linky Thang

Michael Martin was the first speaker for 300 years to be forced to resign in disgrace from the house. He used expenses as a perk including chauffeur driven cars to the football and the job centre among many fraudulent claims. All the while, getting high and mighty with the other trough snouting members of the HOC over their transgressions.
So what does PM ‘Pa Bruin’, the One Eyed Gormless Gurner do? He gets Harpie Harman to make sure the reprobate is given a seat in the Lords!!! Hello 28K a year in expenses and a sweet 1.4 million pension. The whole thing being rushed through on the QT and the bestowing of the ermine (cousin Frank I think it was) done in a closed door session by I am certain, a very disgruntled Aunty Liz.

So if Fred Goodwin has had his gong withdrawn for doing what every other fat cat financier was doing, then surely Gorbals Mick is guilty of a far greater miscarriage. Nes Pas?

So we reward theft, dishonesty and incompetence with a title, a sleeping post for life and a mahoosive pension to boot? Perhaps Micky boy knew far too many facts about his fellows to be simply cast out on the steps.

15 thoughts on “That’s ‘Mr’ Shred to you sonny!”

  1. Totally agree with you Ferret. While I am no fan of Goodwin, this smacks of nasty vindictiveness and is aimed at appeasing the lynch mob. It is not going to benefit anybody who suffered as a result of his financial mismanagement. On the other hand it will make people think twice about accepting honours now they know they can be blackmailed by the threat of having them taken away by a bunch of self-serving vindictive politicians.

    As for Mick Martin, he was/is a truly odious individual.

  2. It would only be “fair”, a favourite politicians word that does not mean anything, or rather “What I want it to mean”, if not only Fred the Shred is stripped of all honours, but also all the others involved, especially; the politicians.

  3. I’m sure the ermine for Martin was to ensure that he went quietly – probably knew where a few bodies were buried.
    Re. Fred – let him keep his ‘K’, the whole honours system is discredited anyway. Take his pension off him for sheer incompetence and while at it the pensions of RBS board members at the time.

    I get fed up with hearing that we can’t cut bankers pay or bonuses, otherwise the ‘talent’ will go elsewhere. Well having seen what the ‘talent’ can achieve ( Really formidable!! – The near virtual destruction of the Global Financial System) I think us ordinary mortals should be given a go.

  4. Totally agree with you, in this day and age it is sooooo hard to find a conscientious individual who will work for a mere 1.2 million.

    Let them all shuffle off elsewhere, as for their taxes, they will be paying some accounting wizz kid to make sure they are paying the same to the treasury as a road sweeper anyway so no loss there.

  5. Four-eyed English Genius :

    It would only be “fair”, a favourite politicians word that does not mean anything, or rather “What I want it to mean”, if not only Fred the Shred is stripped of all honours, but also all the others involved, especially; the politicians.

    What happened to the Apostrophe Police? politicians’ 🙂

  6. Four-eyed English Genius :

    Four-eyed English Genius :

    It would only be “fair”, a favourite politicians word that does not mean anything, or rather “What I want it to mean”, if not only Fred the Shred is stripped of all honours, but also all the others involved, especially; the politicians.

    What happened to the Apostrophe Police? politicians’ :-)

    In this particular context, politicians was, no doubt, being used as an adjective.

  7. having spoken to Fred a number of times I can tell you he is a nasty piece of work, but then most accountants are, (please note he was never a banker and was dragged in to cut costs at RBS) As for his Knighthood never knew why he got it in the first place, to take it away is a bit iffy, mainly because he broke no laws nor did anything illegal. Al he did was build a small unknown Scottish bank up into a world player which then paid billions into the UK economy in tax (both as a company and as an employer) plus the bank lent billions to industry which benefited everyone, and as long as was going well everyone praised him.

    Then along came ABN a bank that Barclays wanted to buy, here is where it all went tits up, Fred would anything to stop Barclays a bank he hated, hence he paid well over the odds for a bankrupt Dutch bank, much tot he relief of Barclays. It was Freds own vanity that created the problem.

    As for knighthoods, yes take it away, but then why are their others in the house as lords or just plain knights who have gone to prison for illegal actions, why do they keep theirs. It is all double standards and a smoke screen to keep the hatred of the real cause of the worlds ills and that is not bank but politicians, but then those that read papers will believe that it is bankers.

  8. Thanks Rick. I never met Fred, but I met one of his sidekicks, Johnny Cameron, a couple of times. He has actually been banned from working in the City. The truth is that he is a perfectly pleasant, decent chap. The problem is, however, that hubris caught all these people and bit them in the bum. The hubris was encouraged by the Labour government who thought that it was they who were making Britain cool again. Blair and Brown have so much to answer for.

  9. Sipu I have spoken with Johnny Cameron a number of times but never met him and I agree a really pleasant guy with no airs and graces.

    As for honours I would say the entire system is corrupt and honours are given out for no reason. I don’t see the press wanting to strip a footballer or cricketer who behaves badly of their honour. But then why do sports people (like the England cricket/rugby/football team) receive an honour because they won the world cup/series, they are just doing their job and not benefiting anyone other than themselves and adding to the ultra millions they earn for playing with a ball.

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