Never mind Fred Goodwin losing his knighthood, what about all these other knights and lords?
Perhaps some of those people should lose their gongs too. After all, look at Steve Redgrave, since he became 'Sir Steve' how many gold medals has he won? None.
Same goes for Elton John and Mick Jagger. Since they got knighted they haven't managed a top 10 hit between them, the lazy bastards. If that's what getting a knighthood means they should stop dishing them out; it makes people idle.
And anyway, Mark Thatcher is a 'Sir' for the sake of fuch! What next, Lord Glitter?