Much has been said and written over recent months about Sir Fred Goodwin and the Royal Bank of Scotland (RBS), of which he was chief executive. Too many risks were taken, ultimately producing a "toxic" outcome that led to the bail-out of the bank with public finance, just before its imminent collapse. Sir Fred had orchestrated the biggest financial loss (around £24bn) in British corporate history.
But little has been said or written about Sir Fred and The Prince's Trust. In January, it was announced that he would step down in June, after six years as its chairman. Over that time - and this is the huge paradox of Sir Fred's two roles - the trust had, according to many observers and insiders, become absurdly safe and, arguably, lost sight of its founding philosophy and principles.
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