I had no real opinion of Sir Fred, positive or negative. How could I? I didn't know him. I knew only what the press had printed about him. For a journalist, it made great copy. Everyone hates bankers at the moment. We need a real identifiable target for the general populous to vent their anger at (and, by 'target', that now seems a very real possibility). But, honestly, I didn't particularly mind him. From what I could gather, he was someone who did a job reasonably well and had signed the dotted line that promised him a pension. It was a rather large pension admittedly, considering he'd only worked at the bank since 1998. But he'd still negotiated it and, if both parties are agreed, then a contract is a contract and he deserves the money. Except I then did a little digging and discovered many reasons why this man is deeply unpopular, with the school story being the smattering of icing on the rather congealed fatty cake.
The man has a ruthless lineage stretching from his school days all the way to the present. This would perhaps be acceptable if he was any good at his job. But he doesn't even have that string to his rather mangy bow. Charmingly, Sir Fred was infamous at moving Royal Bank Of Scotland, or RBOS, into the lovely minefield of sub-prime mortgages, while simultaneously telling the board that there was no exposure to the sub-prime mortgage market. "Spinning" would be one way to describe what he was doing, with "lying" perhaps being more appropriate. Fern Britton mentioned "men" on Question Time as being a cause of the problem in the financial sector. "If there was the old-fashioned housekeeping where women are traditionally pretty good at making sure the money goes in the pot for electricity and the phone and the whatever – we didn't pillage and rob it and stick it all on a horse to see if the money would come in next week which it clearly hasn't – when we put all that money into the banks and we see nothing coming back." I'd go further and say it was "men" of a certain age, mainly in their 50s and 60s; the "baby boomers". There is always talk of the "youth of today" in the print media being seen as scroungers, yet all I see (and, yes, I'm talking about the generation next down from me) are people trying to work hard with the very little that has been afforded them, while the "baby boomer" generation above them continues the inward breast-stroke by grabbing more and more; be it property, final salary pensions, free education, foolish investments and oil-guzzling cars. The few visible "youthful scroungers" are merely taking their cues from the generation above them anway.
Interestingly, a certain anonymous manager I worked for (that I thankfully didn't have many encounters with) fits a personality profile. Like shite rising in a sewer, it looks like he's rising to the top. If you look at the personality profile of Sir Fred Goodwin on Wikipedia, you'll notice his hobbies are "golf", "shooting" and a keen interest in gas-guzzling cars. Pointedly, he also had no technical expertise, but is seen as nakedly ambitious. The personality profile fits this anonymous manager too. It's almost like there exists a "Financial Sector Social Darwinist Sociopath" template. This man could easily have had a five part blog series in his own right and, by rights, he should've had. Luckily, I stopped myself from indulging in such a folly while I worked in the office, as the oleaginous creep would've probably sued me for defamation of character. Except, he wouldn't have been able to, because libel presupposes that the initial defamation had to be untrue. As anyone who knows this blog well, I tend to use nicknames to protect the identity of people I write about to a world-wide community. Those readers that want me to name-and-shame this passive-aggressive, backstabbing, reptilian creep will have to stay disappointed, as I'm not making him the exception. So, instead, I have to think of some witty non de plume with which to christen him for the purposes of this article. I'll call him Cunt.
There now follows a completely subjective and utterly cathartic rant. Anyone looking for reasonably coherent invective should probably look away now. Please also note that all of this is based on fairly widespread knowledge and not through insider knowledge from my previous trade union.
All over the finance industry, people like those rancorously grey men haven't had a creative thought apart from how to shift money around. But I also have a lot of thanks for those grey men (and Cunt). It gave me an impetus to actually quit my job with nothing else to go to. That's is an interesting thing to do when there's a recession around the corner and a roof over my head needing to be paid for. But that fabulous rush to the head, when I finally announced I was completely throwing the towel in, was utterly tremendous (the first people to know were my mother, naturally, and a former Big Brother contestant*, rather bizarrely) . Better than any drugs, trust me. It was a fight not to become creatively bankrupt either (hence the now weekly update to this blog). Meanwhile, I can look to the next generation, such as a number of young people starting up environmentally-friendly cottage industries, who can actually save the world. I admit to looking rather jealously at them. Look at that spark? Can I get it back? Rather than look to the older generation, I've decided to celebrate the younger cousins and listen to them. I'm not going to jealously stare at them, thinking that they're all out to scrounge off me.
The police would have a problem questioning 3 million suspects.
* No, I'm not telling you which former Big Brother contestant it was.
Chris Nicholson has now calmed down after writing this blog article and promises something light-hearted for the blog entry that will be published after April Fools Day.