Monday, 30 March 2009

Goodwin’s pension reduction – A Human Rights violation?


One does gets used to high class living when in the job and simply has to continue his style of living when out of it. A bank, which has been bailed out by the government and is still making a loss has to pay such a huge amount, is very ironic. Sir Goodwin doesn’t seem to give a damn about what the public or the government thinks of him for refusing to decrease his pension. Infact his boldness is admirably pathetic as he is openly demanding his full pension or in other words that he has been bad and will continue being bad. An expert, claims on the BBC news website (link below), that taking away his pension would be against human rights! Nobody is taking away his pension; the row is about decreasing it to maybe a half. Decreasing a measly pension of say £200/- to £100/- can be considered as a human rights violation as that would not be sufficient to live on. However giving Sir Goodwin his gigantic £350000/- instead of a super gigantic pension of £700000/- may be against his legal rights but I fail to understand why it will be a human rights violation?

http://news.bbc.co.uk/1/hi/uk/7916248.stm

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