Letter: Finance secrets

And so the saga of Sir Fred Goodwin continues to rumble on (your report, 15 December). As a very small RBS shareholder, I have made my views known about the total inability of non-executive directors to observe their statutory role in protecting the rights of shareholders in the ABN Amro affair.

Now we learn that the Financial Services Authority (FSA) has declined to publish its report into this debacle. We read that in its report, it could not find any director who had behaved with "a lack of integrity" or a "failure of governance".

And, then, the icing on the cake: Wikileaks reports that RBS chairman, Sir Philip Hampton, allegedly made comments to the effect that the former directors had not lived up to their responsibilities. The FSA and Sir Philip both cannot be right. The FSA must publish its report or Sir Philip needs to explain himself to protect his credibility.

Archie Blair

Riverside Park

Blairgowrie, Pertshire

Wikileaks has revealed it was Mervyn King who insisted that developed countries must override the "dysfunctional" G7 and orchestrate an international bailout for global banks.

Six months before Gordon Brown's epiphany, the governor of the Bank of England told both the Prime Minister and US officials that a co-ordinated effort was required to recapitalise the global banking system.

The leaked US embassy cables may have had security implications but they have also resulted in the delightful deflation of many political egos and much innocent mirth.

(Dr) John Cameron

Howard Place

St Andrews