Loans and Finance

Loans and Finance

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News and information about loans, money, debt, finance and business issues.

Sunday, February 15, 2009

Fred The Shred's £200M Blow Job

Sir Fred Goodwin, Royal Bank of Scotland's former chief executive, blew £200M when he hired top sports stars on "reckless" contracts to entertain clients, as part of a £200M sponsorship binge, just a few weeks before he was kicked out of the bank.

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