Vandals have attacked the Edinburgh home of the disgraced former head of the Royal Bank of Scotland. A group calling itself ‘Bank Bosses Are Criminals’ claimed it broke windows at Sir Fred Goodwin’s house in the early hours of this morning. The banker is believed to be abroad, but his Mercedes limousine was also damaged.
British newspapers dubbed Sir Fred ‘the face of greed’ after he refused to give up any of his 750,000 euro annual RBS pension. It was condemned as obscene and grotesque by critics including the Prime Minister Gordon Brown. Sir Fred retired from RBS with the bank needing public funds to stop it going bust. The people claiming to have attacked his house said it was unacceptable that Sir Fred and others should live in luxury while ordinary people lose their jobs in the recession.