Downing Street Says » Sir Fred Goodwin

» Thursday, March 12, 2009

Sir Fred Goodwin

Asked if the Prime Minister thought Sir Fred Goodwin should keep his knighthood, the PMS said that our focus was on looking at the legal underpinning of Fred Goodwin s pension arrangements.

Asked if the Prime Minister recognised the anger on the Labour benches about the fact Sir Fred Goodwin still had his knighthood, the PMS said that the Prime Minister recognised and shared the feeling of anger, but the question was what we could do about it. The focus was on continuing to explore all the legal avenues and that s what was happening.

Put that one of the legal avenues was taking the knighthood away, the PMS said that the focus was looking at whether or not there was any relevant action we could take within the framework of the law in order to ensure that tax payers money was not being used to reward failure.

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