Wednesday, March 25, 2009

Anger at Rich People: Populist Rage Hits Banker's Home


Gated communities and round the clock security may not be enough:

NY Times: LONDON — The house of Fred Goodwin, the former chief executive of ailing Royal Bank of Scotland, was vandalized early Wednesday and windows of his car were smashed.

Mr. Goodwin attracted criticism for keeping his £703,000, or $1 million, pension despite a string of ill-timed acquisitions under his reign that brought the bank under government control and calls from Prime Minister Gordon Brown to surrender the payment.

At least three windows on the ground floor level of his house in an affluent suburb of Edinburgh, Scotland, were smashed and a black Mercedes S600 parked in the driveway was vandalized. It is unclear whether Mr. Goodwin was in the house at the time.


Global Guerrillas reports:

E-mails from a group claiming the attacks said,

We are angry that rich people, like him, are paying themselves a huge amount of money, and living in luxury, while ordinary people are made unemployed, destitute and homeless. This is a crime. Bank bosses should be jailed. This is just the beginning.