schadenfreude

I am such an illiterate!

schadenfreude \SHOD-n-froy-duh\, noun:
A malicious satisfaction obtained from the misfortunes of others

http://dictionary.reference.com/wordoftheday/archive/2000/05/10.html

As in...
If the Leader of the Opposition were 'to have a bump on his bike from committing an illegal road manoeuver it might illicit a certain amount of schadenfreude'