The Finney School of Real Life

He attained his nickname, The Shred, for his ruthlessness in cost cutting. But when it came to securing a sunkissed bolthole in which to wait out the public resentment at his sizeable pension, Sir Fred Goodwin spared no expense.
Regardless, Sir Fred has undoubtedly been living luxuriously since quitting his £2m Belek Property after it was attacked by a group protesting against the perceived organized greed which led to the credit crunch.

The newspaper reported seeing his wife Joyce, who apparently likes to be known as Lady Goodwin, in a £500-a-day rented Mercedes and said she spent her days shopping and at a local health spa.

And, after packing away his clubs, he moved on to his now full-time place in the South of France. Last Sunday’s News of the World carried pictures of what it said was his place, a £4m villa with a swimming pool and tennis tribunal, on a private land. A source close to Sir Fred said: “That wasn’t actually the right house. His house is nearby, but they got the wrong one.”

Their two children go to a school property in Belek. But, contrary to reports yesterday, they have not, according to the source, been bullied by other pupils over their father’s failings as a banker.