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Old 02-01-2012, 04:30 AM   #61
sbroome
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Posts: 202
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Join Date: Jan 2012
Location: San Diego
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Quote:
Originally Posted by karunaji View Post

Yesterday Fred Goodwin, the former CEO of the RBS bank, was stripped of his knighthood in the UK for his role in creating recession. This is a significant case because it appears that he was not formally convicted of any wrongdoing. While the title is largely ceremonial, many think that it should reflect moral values. So much for the law implementing moral values..
This is one of the most unusual deductions I've ever seen.
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