Fred Goodwin loses Knighthood Keeps Cash

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Fred Goodwin loses Knighthood Keeps Cash

Post by Atheist-Lite » Tue Jan 31, 2012 5:25 pm

http://www.bbc.co.uk/news/uk-politics-16821650


Former RBS boss Fred Goodwin loses knighthood

Former Royal Bank of Scotland chief executive Fred Goodwin has lost his knighthood.

Mr Goodwin, who was heavily criticised over his role in the bank's near collapse in 2008, was given the honour by the Labour government in 2004.

He has had his title cancelled and annulled by the Queen, following advice provided by Whitehall officials.

In the past, honours have only been taken away from people convicted of a serious crime or struck off.

Mr Goodwin oversaw the multi-billion-pound deal to buy Dutch rival ABN Amro at the height of the financial crisis in 2007, which led to RBS having to be bailed out to the tune of £45bn by taxpayers.

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Re: Fred Goodwin loses Knighthood Keeps Cash

Post by klr » Tue Jan 31, 2012 5:40 pm

Is there a de-knighting ceremony where Fred gets decapitated by Lizzie (or Phil)?
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Re: Fred Goodwin loses Knighthood Keeps Cash

Post by Gawdzilla Sama » Tue Jan 31, 2012 5:45 pm

klr wrote:Is there a de-knighting ceremony where Fred gets decapitated by Lizzie (or Phil)?
Ah, some some royal gets a little head out of this whole thing?
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