End rewards for failed Bankers

This petition was published by Ian Hearn on Mar 11, 2011

We the undersigned ask the government to strip Fred Goodwin of his Knighthood as he has damaged RBS and the economic welfare of this nation.

Remove this gross injunction against telling the truth and if it is within government power remove his £200000 a year pension there should be no reward for failure especially the degree to which he failed creating hardship and suffering for many in this nation.

This is important for the financial welfare of this country there should be rewards for success not failure. Fred Goodwin failed yet he still keeps his reward of a knighthood and 6 figure pension.

This sets a terrible precedent and encourages incompetent behaviour from executives.

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