Sunday, 14 November 2010

"Nobody knows the trouble he's seen."

Just now in then, in the quotidian grayness of the everyday, you come across an event that forces you to question all your values, forcing a recalibration of what you previously knew to be "right". 
Such an event occurred this Sunday, dear reader on turning to The Scotland on Sunday and reading a feature on George Mathewson, a complete and utter banker and one time chairman of the Royal Bank of Scotland. 
George tells the paper, that due to the banking crisis he's been forced to work on, scrapping his retirement plans. In working on, lets be clear that that doesn't mean he's greeting the customers at B and Q. By working on, in George's case, this means (and I quote):

"Mathewson sits on several boards, including a hedge fund and will take up a new post of chairman of Perth-based Stagecoach in January." No doubt cruel toil  necessary to top up his winter fuel allowance.

Lest you start to tear up as I did, read on in the feature and you discover that George in one year, during his RBS tenure, received a cash bonus of £759,000.
And presumably equally generous bungs  in ever other  year of his tenure.

Truly, no one knows the trouble he's seen...

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