It was wrong of the Forfeiture Committee to strip Fred Goodwin of his “K”. It smacks of a politically motivated knee-jerk reaction (as in knee to the groin) and does more to bring the honours system itself into disrepute than the actions of one man. He may have been guilty of incompetence or, more likely, recklessness, but that shouldn’t justify this action.
What about those peers who have been convicted of crimes – Lord Archer or Lord Taylor of Warwick, for instance? Lord Black of Crossharbour (Conrad Black as was). Why do they still have their peerages?
