[Morecambe Ex Pat]

Are these pensions negotiated in such a cast iron way that the recipient gets the money whatever happens?
How stupid.
For that sort of a deal, they could have got someone who understood banks and financial institutions rather than just a greedy no-hoper. It will always be said that it is not just the top boss who caused the problem. I say the buck stops fairly with the top man and if the istitution fails it is his fault.

Taking a wider view, where has all the money gone, toxic debt? (is that a new phrase?).
So banks have leant all this money out and have no chance of getting a lot of it back. I reckon this has been going on for many years but they have only just realised that their pockets are empty.

Are they still trying to convince us that the top man knew nothing of these problems?