Former RBS CEO Fred Goodwin Stripped of Knighthood

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Feb. 1 (Bloomberg) -- Fred Goodwin, Royal Bank of Scotland Group Plc’s former chief executive officer, was stripped of his knighthood by the U.K. authorities after he led the 285-year-old lender into the world’s biggest bank bailout. Goodwin was awarded the honor, entitling him to call himself Sir Fred, in the name of Queen Elizabeth II in 2004. Scarlet Fu reports on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

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