By Ian Fraser
It has been nearly two years in the making, but Shredded: Inside RBS The Bank That Broke Britain was published by Birlinn on 05/06/2014. It’s a look at the Icarus-like ascent of RBS under former chartered accountant Fred “The Shred” Goodwin, and examines many aspects of the bank’s spectacular rise and fall which have never before come under the microscope.
Max Keiser of the Keiser Report says:
“Take a good look at this book because this is going to be skyrocketing up the bestseller lists around the world.
“I get the impression that [Fred Goodwin] becomes like a ghetto pimp, he becomes ghetto rich, you know these pimps, they make a few bucks, and they get the flashy car, and the fancy fur coat, and they strut around the ghetto. So here you have the ghetto of financial fraud, and there’s’ Fred Goodwin flashing his cash like a pimp, and the rest of the banking industry, they emulate that, they’re like ‘we want to be pimps too’. [Goodwin was strutting his stuff as he lured all and sundry into RBS’s] whorehouse of debt …