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Fred Goodwin



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Goodwin: Pharma Ties Have ‘Never Been A Secret’

Former National Public Radio host Fred Goodwin is the subject of a great deal of talk these days. Earlier this year, an episode of his program, “The Infinite Mind,” which was heard on 300 NPR stations, featured three experts who discussed the controversial link between antidepressants and suicide. All of them, plus Goodwin, declared that [...]

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Biederman, Goodwin "Bringing The Profession Of Psychiatry To Its Knees"

Danny Carlat, a Tufts University psychiatrist, writes of the conflict of interest scandals around Harvard child psychiatrist Joseph Biederman and leading bipolar disorder researcher Fred Goodwin today. Of particular interest to me was Carlat's account of Goodwin's response to a...

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Sir Fred Goodwin takes the hit as shareholders spurn £15billion rights issue by bank

Sir Fred Goodwin, the outgoing chief executive of Royal Bank of Scotland, made a personal loss on paper of £162,000 yesterday after subscribing for his full entitlement of shares in the bank's disastrous £15billion rights issue.

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Goodwin sitting on a loss on his RBS stake

SIR Fred Goodwin has more than doubled his shareholding in Royal Bank of Scotland as part of the £15 billion placing and open offer as he and fellow directors seek to show con

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Fred Goodwin's Strange History

Yesterday a reader informed me that Fred Goodwin, at the center of the recent controversy around "The Infinite Mind" radio show, had been involved in a very messy incident back in 1992. Goodwin, author of the primary medical text on...

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New York Times Calls For Crack Down On Research Conflicts

On Sunday, the New York Times' editorial page went after the twin conflict of interest sagas of Harvard child psychiatrist Joseph Biederman and leading bipolar disorder researcher Fred Goodwin, conflicts that have been well-documented on this site as well. The...

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RBS board contrition

Sadly, I was not able to travel to Edinburgh to witness Fred Goodwin and Tom McKillop, nor to hear their combined longoverdue apology to shareholders and in particular staff,

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RBS gives six-month break to struggling homeowners

... facing legal action from lenders for late payments.Stephen Hester, who formally replaced Sir Fred Goodwin as chief executive at RBS just 11 days ago, said: "The Government has called on banks to wait at least three months before moving to repossess the house of a customer who cannot make mortgage payments. Today, RBS Group is announcing that we can be even more helpful."From December...

+Vote!

RBS gives six-month break to struggling homeowners

... facing legal action from lenders for late payments.Stephen Hester, who formally replaced Sir Fred Goodwin as chief executive at RBS just 11 days ago, said: "The Government has called on banks to wait at least three months before moving to repossess the house of a customer who cannot make mortgage payments. Today, RBS Group is announcing that we can be even more helpful."From December...

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Winter Fundraiser Begins

... Meanwhile, several issues that I've pounded on on this site have come full circle in recent weeks. Fred Goodwin, host of "The Infinite Mind" radio show, was exposed for taking over $1 million in pharma payouts and for not revealing those conflicts and his show was cancelled. Some of you know that back in April I was the first to report on how during one episode of the show Goodwin...

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Government stake in Royal confirmed at 57.9%

The UK Government has assumed majority control of Royal Bank of Scotland, with a 57.9% stake, after investors took up just 0.24% of the £15bn of shares offered to them in the institution's latest blockbuster capital-raising.Stephen Hester, who succeeded Sir Fred Goodwin as chief executive of Edinburgh-headquartered Royal Bank of Scotland on November 21, expressed "regret" that existing...

11Vote!

Second Largest UK Bank RBS to be Nationalized

... on common shares will be scrapped and top executives' bonuses will be canceled. Chief Executive Fred Goodwin has resigned and Chairman Tom McKillop, who last week personally apologized to shareholders for the 85 percent fall in the bank's share value, has said he will retire next year.RBS's 1.8 trillion pounds in assets are topped among U.K. banks only by those of HSBC. Its operations...

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RBS to be taken over by British government

... on common shares will be scrapped and top executives' bonuses will be canceled. Chief Executive Fred Goodwin has resigned and Chairman Tom McKillop, who last week personally apologized to shareholders for the 85 percent fall in the bank's share value, has said he will retire next year.RBS's 1.8 trillion pounds in assets are topped among U.K. banks only by those of HSBC. Its operations...

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British government to become major stakeholder in RBS bank - Summary

... RBS chief Stephen Hester said Friday. Hester took over as chief executive in October, replacing Fred Goodwin, who was asked to go by the government as part of its major bail-out package for ailing banks agreed in early October. RBS announced that only 0.24 per cent of the new shares offered - or 56 million shares - were bought under the rights issue scheme. However, the small take-up...

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RBS now 58pc owned by UK government

... chief executive Stephen Hester said earlier this month. Outgoing RBS chief executive Sir Fred Goodwin and chairman Sir Tom McKillop apologised last week at a meeting in Edinburgh to approve the £20bn capital raising. Under their stewardship, RBS had grown from a regional bank to an international player with 100,000 staff worldwide. Job losses are now expected as the new chief executive...