Fred Goodwin is no longer a knight

Fred "The Shred" Goodwin has been stripped of his knighthood. The former head of RBS, who oversaw its downfall, was knighted for "services to banking" and then received an enormous pension from the bailed-out bank he'd helped to destroy.


  1. Latest in a long series of the Upper Classes symbolically “siding with” the oppressed against the mercantile classes (think of the queen mum picking thru the rubble in the Blitz… after the skies were clear and the area had been carefully checked). Wall. Up against. Bankers and granters of knighthoods both. First.

  2. Way to go your Majesty Queen Elizabeth II. 

    [quote=Conservative MP David Ruffley, member of the Treasury select committee]

    “Bizarrely there’s been no criminal charges against the man, so he’s not going to be in front of a jury and there was a sense that this guy had got away scot-free and the only thing left really to show the public opprobrium was for the knighthood to be stripped.” [/quote]

    Thank you Mr.Goodwin, I learned a new english word today.

    Opprobrium. Origin:
    1650–60; < Latin: reproach, equivalent to op- op- + probr ( um ) infamy, disgrace + -ium -ium

    1. The Queen has nothing to do with the honors list except that she might be the presenter for some of them. It’s entirely decided by Parliament. The Queen only personally chooses some super-honorees like the Order of the Garter or some personal service ones

      1. “The authority to rescind an honour rests with the Queen alone.”

        Is what I refer to in regards to the Knighthoods.

        1. Yeah, that’s incorrect. She has nothing to do with these kinds of honors. Her father rescinded Hirohito’s Garter honor, but that’s one of the personal ones.

  3. His Wikipedia entry reads like the potted history of a corporate psychopath. I doubt he gives a damn.

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