Greed is Goodwin

There was a time when a chap knew what to do in the event of a catastrophic failure on his watch.

It involved the whisky bottle and the service revolver.

Today we have the largest corporate loss in history from RBS - a mind-numbing £40 billion - and the man in charge is not only not blowing his brains out he’s trousering £650,000 a year, for life.

This is after he has not only brought down his own company, but wrecked the prospects and savings of countless others.

And it has all been done with the collusion of the government.

Shocking, shocking stuff. There seems to be no bottom to what the banking industry is capable of.