
Hard cases make bad law
The row over Fred Goodwin’s pension reminds me of the debate over the alleged killers of Stephen Lawrence and whether the law of double-jeopardy should be altered to allow them to be prosecuted again for his murder. It is clearly morally wrong that Goodwin should be receiving such massive rewards for failure, a £693,000 annual pension for ruining two great banks. But there’s also little doubt that, thanks to the government not checking the fine print before they signed off on him retiring early, that he is legally entitled to it. It is tempting to rewrite, or bend, the law to redress this wrong as it is (far more intensely
