Controversial executive compensation

Royal Bank of Scotland

Before stepping down as CEO of the bank, which lost billions of dollars and required a British government bailout, it was revealed that Sir Fred Goodwin had his pension doubled to more than $950,000 a year, sparking outrage among British officials.

Although Goodwin reportedly agreed to repay more than $4 million from an advance of the pension funds, lawmakers are still pressing to keep Goodwin from collecting the full pension.

(AP File Photo)
Royal Bank of Scotland Before stepping down as CEO of the bank, which lost billions of dollars and required a British government bailout, it was revealed that Sir Fred Goodwin had his pension doubled to more than $950,000 a year , sparking outrage among British officials. Although Goodwin reportedly agreed to repay more than $4 million from an advance of the pension funds, lawmakers are still pressing to keep Goodwin from collecting the full pension.