Vaunted

For all the city's vaunted progressivism, it has some of the highest private school enrollment numbers in the country.

We know that many male City employees still go to lapdancing clubs for a fun night out. We know City organisations have struggled in their vaunted attempts to get more women on boards.

We now have good reason to question the pursuits of the vaunted innovators with whom Liu consorted in California – the blissed-out cultists at Google, whose only worry is over “the wrong kind of sparkling water in the microkitchens”, or the manic experts who specialise in “envisioning hyperplanes in n-dimensional space”.

AmEx also recently relaunched its vaunted Platinum card, offering more travel and shopping benefits for average consumers.

And for the past 36 years, his initials have been stamped onto every brake disc or chassis he’s assembled – part of the company’s vaunted accountability practice.