David Maddox: Who is best to teach the youth of Scotland about financial prudence?
Obviously Gordon Brown would not be top of the list these days to talk about "prudence", a word he seems to have become less fond of since we found out that boom and bust had not really been finished.
But it turns out that SNP education secretary Fiona Hyslop has an interesting advisor for the "credit crunch" lessons for school children being proposed by the Scottish Government, as covered in today's Scotsman.
Labour's Bill Butler has uncovered that the Royal Bank of Scotland (RBS) is to be her main advisor.
Yes that is the same RBS which went on a spending spree of world banks, bringing down the once great institution with purchase of Dutch bank ABN Amro. The very same bank that was bailed out by the tax payer and is now mostly owned by the UK Government because of its erm.. expertise in financial prudence.
There was a suggestion that bankers should retrain as teachers. Maybe Ms Hyslop has a plan to supplement former RBS chief Sir Fred Goodwin's massive £342,500 a year pension (reduced after he took a £2.7 million lump sum) with a job in the classroom.
But it turns out that SNP education secretary Fiona Hyslop has an interesting advisor for the "credit crunch" lessons for school children being proposed by the Scottish Government, as covered in today's Scotsman.
Labour's Bill Butler has uncovered that the Royal Bank of Scotland (RBS) is to be her main advisor.
Yes that is the same RBS which went on a spending spree of world banks, bringing down the once great institution with purchase of Dutch bank ABN Amro. The very same bank that was bailed out by the tax payer and is now mostly owned by the UK Government because of its erm.. expertise in financial prudence.
There was a suggestion that bankers should retrain as teachers. Maybe Ms Hyslop has a plan to supplement former RBS chief Sir Fred Goodwin's massive £342,500 a year pension (reduced after he took a £2.7 million lump sum) with a job in the classroom.
Labels: David Maddox, Fiona Hyslop, RBS, schools, Sir Fred Goodwin, teachers
posted by Administrator at
18:38
2 Comments:
Wasn't that notion that bankers should retrain as teachers one of Gordon's ideas?
Whosever it was, it was a pretty bad one. Just for starters the average banker on a three figure salary might find the £25,000 a little retricting.. oh, that and being stuck in a classroom all day instead of flying out to n'importe ou, business class!
I'm sure you will be able to flesh out what Bill Butler uncovered in tomorrow's paper yes?
You will be able to demonstrate that Fiona Hyslop personally picked someone associated with the riskier side of the RBS to advise Scottish teachers on the content of the curriculum?
Look forward to reading it.
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