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Title: Sir Fred Goodwin wasn’t sharing any of the pain as he lorded it on a five-star shooting trip this week, paid for by the boss of Spanish bank giants Santander.
Author: Fraser Trevor
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He is reviled as the world’s worst banker for his ­disastrous role in bringing the British economy to its knees. But disgraced Sir Fred Goo...
He is reviled as the world’s worst banker for his ­disastrous role in bringing the British economy to its knees.
But disgraced Sir Fred Goodwin wasn’t sharing any of the pain as he lorded it on a five-star shooting trip this week, paid for by the boss of Spanish bank giants Santander.
JACKIE STEWART 24X36 POSTER PRINTAnd joining Goodwin, 52, on the jaunt to shoot partridge and drink the finest wine at a medieval Spanish estate was none other than his long-standing crony, Sir Jackie Stewart.
Ex-Royal Bank of Scotland boss Goodwin hired former racing driver Sir Jackie, his boyhood hero, to be a ­£4million “global ambassador” for the bank.
When RBS hit the rocks, Sir Jackie caused outrage by initially demanding that Goodwin’s replacements honoured the deal and carried on paying him, even though the bank had to axe 20,000 staff. As a tax exile partly-based in ­Switzerland Sir Jackie, 71, doesn’t pay UK tax when he works overseas for RBS, despite the bank being kept afloat by £20billion of taxpayers’ cash.
But the continuing fall-out from RBS’s collapse appeared the last thing on their minds as Goodwin and Sir Jackie jetted out business class to Madrid on Tuesday, taking with them two 20-bore Beretta shotguns.
At the airport they were met by a limousine sent by Santander chief Emilio Botin, who helped fund ­Goodwin’s disastrous £49billion takeover of Dutch bank ABN Amro in 2007.
The deal, the biggest in banking ­history, was blamed directly for the collapse of RBS a year later.
After a night at Madrid’s five-star Villa Magna Hotel, the two Scots were driven 30 miles by limousine to La Flamenca, a vast country estate near the town of Aranjuez. The 2,500-acre grounds are owned by Manuel Falco Anchorena, the Duke of Fernan Nunez, who is said to have the finest partridge shooting in Spain.
Goodwin, dubbed Fred the Shred for his ruthless cost-cutting while in charge of RBS, and Sir Jackie were driven past the Duke’s palace up a three-mile track to Casa del Monte, an imposing hunting lodge.


Read more: http://www.mirror.co.uk/news/top-stories/2011/02/13/disgraced-banker-sir-fred-goodwin-goes-on-luxury-shooting-trip-to-spain-115875-22918797/#ixzz1DvZx7P9G
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