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USA UK and Malta News
26/02/2009 - 19:28

UK & USA Today Editoweb 26 february 2009

Sir Fred Will Not Forego £16.6m Pension Pot - Miliband visits Iraq as London clinches oil deal - Office workers let things slide...



UK & USA Today Editoweb 26 february 2009
Sir Fred Will Not Forego £16.6m Pension Pot

Former RBS boss Sir Fred Goodwin says he will not forego his £693,000-a-year pension despite ministerial pressure to give it up.

Miliband visits Iraq as London clinches oil deal

Foreign Secretary David Miliband met Iraqi leaders in Baghdad on Thursday ahead of a planned July pullout of British troops, as London sealed an unprecedented oil deal.

Office workers let things slide...

A company has unveiled what it says is the first helter-skelter to be built inside a UK office building.

RBS posts record British loss, offloads toxic assets

The Royal Bank of Scotland Thursday posted a 2008 loss of 24.1 billion pounds -- a British corporate record -- and said it will ring-fence 325 billion pounds of risky assets in a government insurance scheme.

Government says no longer can alter banks' bond terms

The government said a change of law meant it can no longer unilaterally change the terms of banks' subordinated bonds, and also made clear Bradford & Bingley can pay interest (coupons) on its bonds despite an outstanding loan.

Official says Vick OK'd for home confinement

A government official says imprisoned NFL star Michael Vick has been approved for release to home confinement.

Police: Miami piano teacher kills kids, wife, self

Pablo Amador was a "regular dad" who made music with his children and shared his gift teaching kids to play piano, a man known for a friendly wave and lending a hand to jump-start a car. And those who knew him say they can't understand why he apparently shot and killed his two daughters, wife and then himself.

Audit: Ky. airport execs racked up lavish expenses

A small commercial airport in Kentucky — and the taxpayers who support it — picked up top executives' tabs in recent years for Hannah Montana concert tickets, Nintendo Wii video game bundles and even a $4,400 strip club check, according to a state auditor's report.

Former CIA exec gets more than 3 years in prison

A former high-ranking CIA official has been sentenced to more than three years in prison for a fraud scheme in which he steered procurement contracts to an old friend.

Judges reverse ruling tossing Minn. Senate witness

Republican Norm Coleman caught a break Thursday in his Minnesota Senate election trial when the three judges in the case reversed their ruling from a day earlier that had excluded a poll worker's testimony.

Ready, set, protest: SF racers resist new rules

Feelings are running high over efforts to tone down some of the wilder elements of San Francisco's annual Bay to Breakers race — famous for its odd floats and contestants in wacky costumes, or no costume at all.

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