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Regulation Lite. Can I remind everyone of two facts. (1) the lack of public money which people are screaming the place down about, is due to the fact that light regulation allowed investment banks to steal every last penny of our individual savings and all the money that the Government could borrow to clear up the resulting black hole as well. (2) Once the solicitors profession as we knew it is gone we will never get it back. You would think that No Win No Fee and recoverable CFA's would have taught everyone not to let the thieves into the temple, but no. Still I suppose there is a bright side. When there is no professional regulation left I can go to town with a metaphorical hatchet on those customers who don't want to pay me and who complain to the Ombudsman for that sole purpose. Perhaps I should suggest a "waiver" in terms that the Ombudsman should have a two way costs jurisdiction.

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