Lloyds TSB

It was interesting that a former boss of LloydsTSB should be interviewed on the Andrew Marr show this morning, giving us warm words about markets and that things will not be as bad as they were in the seventies.

Now, what I would have done is to ask just how unbiased Sir Brian Pittman actually was. For example, how many LloydsTSB shares does he have a beneficial interest in. What exactly is the pension he receives from his previous employers. How much he receives in dividends from LyoydsTSB shares, if any. How about family trusts and any charities he is involved in.

My problem is that can Sir Brian really give an unbiased view, baring in mind that he could be prejudiced by any financial involvement he still has. Just as Lord Mandelson was asked some searching questions then the same ought to be asked of anybody giving us, the taxpayers, reassurance.