'Fred the Shred' Puts Face on British Banking Crisis - washingtonpost.com

Two disclosures on Thursday hit Goodwin like a jab and an uppercut. RBS, which Goodwin led for a decade, lost $34.2 billion last year -- a staggering national record. And the British learned that when Goodwin, 50, was forced out last fall he engineered a pension of more than $980,000 a year -- for life -- to be paid largely by British taxpayers.

'Fred the Shred' Puts Face on British Banking Crisis - washingtonpost.com