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    Barry is correct on this, its nonsense to suggest this is a resignation issue. No doubt PaulW had advisors re these investments and there wasnt any adviser or high flying financier who saw any of this coming...not the recession and not the loss in the Icelandic banks, or indeed any other banks...some in the US went bust completely and some were saved here as we know by the aforementioned Gordon and Alastair. Nobody saw it coming.

    Half the nation would be resigning right now if this was a resignation issue. The City would shut down due to the high volume of personnel falling on their swords.

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