Going Going Gong - Fred Goodwin To Lose K?

"Sir" Fred the Shred Goodwin, disgraced ex CEO of RBS, may be stripped of his knighthood.

The Forfeiture Committee is looking into whether they can strip him of it, even though he has not been charged or convicted of a criminal offence.

All well and good.

However, the real question that should be asked is why the hell was he knighted in the first place?