Listening to John Prescott this morning speak in his unique brand of Foglish (the meaning is somewhere there but you have to feel your way to it) I could only thank the Deity that - as far as I can establish - Sir Fred the Shred Goodwin, he of the £700,000 a year pension, is not one of the tribe. I can't say Sir Victor Blank, over at Lloyds TSB, is making much of a fist of things, but at least he's not taking £700,000 a year off the taxpayer and thinking that this is not a problem. Funny thing, though, that Lord Myners, who apparently signed off on this extraordinary deal in the mistaken assumption that Sir Fred was the wrong side of 60 rather than a fighting-cock 50, is a former chairman of Marks & Spencer. Speaks volumes, to me at least, as to why the Myners M&S was not all it might have been.
