An honour to the profession

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Then the New Year honours list is published. Rejoice! It’s the perfect target for all that pent up misanthropy.

And this year the list presented a real treat in the form of a knighthood for Hector Sants, awarded for services to financial services and regulation.

Yes, that is the same Hector Sants who held the role of FSA CEO for five years, standing down in June 2012.

Rocky start
He took up the position mere weeks before Northern Rock went into meltdown, and was also at the helm when RBS made its