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Peter, you have my sympathy.

I've survived one firesale (Halliwells) and despite the schadenfreude at the demise of Quindell and S+G that many will enjoy we should not forget that there will be a lot of thoroughly decent people who have been or will be utterly shafted by the greed and short sighted follow of a few.

If the S+G flotilla is about to hit the rocks let's hope the write down is near 100% so that there's enough in it for there to be an economic case to purchase (with the client's consent) what's there.

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