Sir Hector

[centurian]

I know - what do these people have to do - in order not to get a knighthood.

[AtW]

" Mr Sants’ surprise award for “services to financial services and regulation” drew immediate brickbats from politicians and bankers, quick to highlight the FSA’s rocky record during his tenure.

Paul Moore, the ex-HBOS head of risk who blew the whistle on the lack of controls at the bank, said: “This is extraordinary. Hector Sants was part of a system that clearly failed. For most people that doesn’t mean you are rewarded with a knighthood.”

Mr Sants became FSA chief executive in July 2007 after three years heading its wholesale markets wing – though he maintained that Northern Rock, which collapsed two months later due to a wholesale funding crisis, fell under the FSA’s retail arm.

He struggled to deflect the blame, however, for his oversight of RBS, taking his fair share of criticism in the report the FSA finally produced on that bank’s failure. At a subsequent Treasury Select Committee hearing in January 2012, Mr Sants rejected accusations that the FSA had been “asleep at the wheel”, while his efforts to absolve himself from some of the blame drew the remark from committee chairman Andrew Tyrie: “It does sound as though you are dumping on your predecessor.” "

Honours list: Former FSA chief Hector Sants knighted despite regulatory failures - Telegraph

WTF is choosing those people?