Does Mervyn King want to support UK banks?

Does Mervyn King want to support UK banks? I don't get the impression he does.
Following the internal audit by the Financial Services Authority (FSA) on the
Northern Rock affair, it transpires that the regulatory body had the impression that the Bank of England would intervene in the interbank market at the crucial time.
The central bank decided not to and Northern Rock found itself bust. As a former
shareholder in the Newcastle-based bank I did not mind taking the hit on the
shares when I sold but I wished the Bank of England had been a bit more proactive
like the European Central Bank (ECB) and the U.S Federal Reserve.

Yesterday, the Bank of England governor was waffling on about hubris. Mervyn King
wants the bankers to pay for their mistakes but this probably will not happen so as
to protect the banking system. He is probably annoyed as the rest of us over Barclays Bank paying one of its staff £21m. However, it is unlikely this will
take place next year.