An online petition calling for Hector Sants' nomination for a knighthood to be withdrawn has received more than 1,300 signatures.
'Roger C' set up the community petition on Avaaz.org on Thursday, arguing Sants is not worthy of the honour as he, as chief executive of the Financial Services Authority, failed to respond adequately to the financial crisis or maintain a fair regulatory system. The e-petition had received 1,312 signatures as of 5:30pm on Friday. "I am shocked that the government has nominated Hector Sants for a knighthood," 'Roger C' writes. "Along with many other politicians, bankers and regulators, he was, according to MPs, 'asleep at the wheel' and in part responsible for the financial crisis th...
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