Robert Peston, for it is he, seems to be perfectly happy to propogate this myth. On today's Six O'Clock news he was saying that the merger between HBOS and Lloyds was really nothing to do with Gordon Brown. Which is strange, because on the BBC website he said this on 17th September last year.
Our business editor said there was a real concern that any run on HBOS shares would create enough fear among the bank's financiers - providers of wholesale credit who give the bank its money - for there to be a withdrawal of credit for HBOS. "Clearly the watchdog and Treasury will welcome a deal as it will put the bank on a sounder footing," he said. "The last thing they want is a fully fledged crisis." He added that the deal was negotiated at a very high level, with Prime Minister Gordon Brown telling Lloyds TSB chairman Sir Victor Blank that it would helpful if Lloyds could end the uncertainty surrounding HBOS by buying it.
So, clearly, the whole thing had Gordon Brown's fingerprints all over it, yet Peston is now promulgating a myth that he didn't. Perhaps Mr Peston would like to clear up this apparent inconsistency.