Reward for failure, Fred Goodwin and RNJM

LONDON, ENGLAND - (FILE) Sir Fred Goodwin, t...Image by Getty Images via Daylife

It seems that Fred ‘the shred’ Goodwin has found himself a new job. Apparently he’s been taken on by RNJM as a consultant.

Fred Goodwin was, of course the banker who ran up a £28 billion debt at RBS in 2008, the biggest loss in UK corporate history.

If I was a shareholder at RNJM I would be worried, very worried.

Still, this is Britain, where failure commands rewards.

Related articles by Zemanta

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.