I think I have a solution to the crisis of confidence in our banks – starting with the current vacancy at Barclays, let us put lawyers at the helm of all the important ones. As what has gone awry in recent decades catches up with banks’ chief executives, do not give their near-identical number twos the job – but dramatically promote the general counsel.

The GCs would be surprised – hell, everyone would be surprised – but the more I think about it, the more sensible it sounds. (And to be clear, as I write this I am sober, in full possession of my faculties, and had a good night’s sleep.)

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