First, let us take a look at the knighthoods that have been awarded this year. In the business and economy honours, one finds this:
Nick Macpherson, permanent secretary to the Treasury, becomes a Knights Commander of the Order of the Bath for his work on the financial crisis.
An official statement spoke of his "extraordinary work in response to the crisis in the financial services industry", including the nationalisations of Northern Rock and Bradford & Bingley.Whereever Sir Humphrey is, I am sure he would be proud. Bravo!
Next, look at this headline in the tabloid today:
Banks 'feel remorse' for downturn
Go on, read the whole thing. And the last two paragraphs very carefully please. You won't regret it.