Fred Goodwin to lose title

There were two reasons why he possibly should have kept it:

1. As a memory of the countries collective folly over a "golden economic age", when it was really banks like RBS over leveraging to destruction (theirs and ours)

2. A new "high bar" of what does it take to lose a knighthood

http://www.bbc.co.uk/news/uk-politics-16821650

But overall a sensible decision, it has taken long enough!