There was a link to a list which turned up on this forum recently which showed the names of everyone who had graduated and what degree they got. It was interesting that only about 10% (by memory) got 1sts. When you consider these are intelligent people in the first place (mostly straight-A students) that is quite low, as at a more ordinary uni (Newc, Leeds, L'pool etc.) a much larger percentage would probably have gotten firsts. But then, you can't give everyone a first and they wouldn't have got a degree with the presige of the LSE name.