In Europe, bankers' security at risk due to public outrage

Friday, March 27, 2009

There's been plenty of outrage in the U.S. over collapsing banks, bailouts and bonuses, but the financial crisis is turning violent in Europe. Fred Goodwin, the former chief executive of the ailing Royal Bank of Scotland, had his house and car vandalized this week and the manager of a 3M factory in France was barricaded in an office by workers demanding better severance packages for employees being laid off. All this comes ahead of the G20 meeting in London next week, where some protesters are planning to hang effigies of bankers from lamp posts. Damian McLoughlin, managing director of the security firm Guardian GS, joins us for a look at the security concerns for bankers in this environment.

For a look at the vandalism on Fred Goodwin's home in Edinburgh watch the video below.


Damian McLoughlin

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