That might represent a very speedy route to full nationalisation for Royal Bank of Scotland and Lloyds: private-sector investors would probably be unwilling to inject a substantial amount of new capital into these two semi-nationalised banks, which means taxpayers would foot the bill.

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Paul's on a procession route lined with British Army, Royal Navy and Royal Air Force personnel.

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Mr. Catsimatidis was honored by organizers of the Little Neck-Douglaston Memorial Day Parade as "man of the year, " and he rode the route in an open-top royal blue 1969 Pontiac Firebird.

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Paul's Cathedral along a route lined by servicemen and women from the army, Royal Navy and Royal Air Force.

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