laissez-faire capitalism says that all companies are fabulous, as long as they are generating wealth for somebody and should all be left to get on with it. That is the problem we have to address, not Sir Fred Goodwin's inappropriate pension.
Reminding us that Sir Fred made his name in the 1990's by his reputation for merging comapanies and shedding jobs a managament style that she says was applauded then and maybe still is
Goodwin has not been a failure. He has been successful, and he is not afraid to display the fact that he knows it. He may have led the company he ran to disaster. But he has been a great success at looking after No 1, and that's why he has more money than any family could ever possibly need.
Are we in a position where we can change the culture? I very much doubt it?
No comments:
Post a Comment