Thursday, 9 February 2012
I thought the comments yesterday of Royal Bank of Scotland chief - Stephen Hester - were very dignified after a tough week - in which he had been turned into Public Enemy No. 1.
Mr Hester revealed that he had thought of resigning his post at one stage - but decided in the end to soldier on and in doing so - to give up the £963,000 bonus he was entitled to receive.
Now I think Stephen Hester made the right decision.
Because the public don't see the connection - between the performance of the bank the general state of the economy.
So how can it be good value for public money to offer an already well paid chief executive - a big bonus worth hundreds of thousands of pounds?
But if I were Stephen Hester I would take things a stage further - by asking how it can be good value for public money to provide all of our Westminster MPs with state of the art ipads - at a cost of £250,000 to the public purse?
In fact I would ask the leader of the opposition - Ed Miliband - why he has nothing to say about the extra-parliamentary earnings of his brother - David Miliband?
Which the Private Eye put at £400,000 the other day.
To my mind MPs earning such huge sums of public money - bring the House of Commons into disrepute.
Because they cannot possibly be devoting their energy into the day job of representing their constituents - to best effect.
For which they are already paid around £65,000 - plus generous personal expenses and other office costs.