Any chance of a worthwhile FSA boss now, Gordon?

Hector Sants was the presentable face of the FSA, used by this government to head off criticism after the previous incumbent – Nero’s long-lost cousin – was dumped for being totally unaware of what was going on around him.

Prime Minister Gordon Brown should take this chance to appoint someone who is independent and knowledgeable, not someone who works in the interest of banks and has one eye on a knighthood.

Alternatively, to ensure the whole industry ends up in chaos again he could give the job to someone like City minister Paul Myners or even our old friend Sir Fred Goodwin.