Sir, You quote a City grandee as saying that Lord Green’s “preaching ethics and morality was somewhat naive” given the risks to personal reputation inherent in running a complex financial organisation ( “Peer struggles to serve God and Mammon”, February 14).
I find this a strange and rather corrosive conclusion. Yes, of course Lord Green should be accountable for his moral or operational lapses, but to conclude that a leader should not seek to set a moral lead because one day he may turn out to be fallible is surely incorrect, no matter how much this may have irritated his colleagues. Otherwise what hope is there of improving ethics in the financial world?
New Malden, Surrey, UK
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