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    Reg "all the financial sector" - so you are including Pension providers, independent building societies ans insurance companies in this?

    As for "will they get away with it" - who is "they"? Barclays have been fine £290m other banks who failed to co-operate will potentially get larger fines, many investment management and insurance firms as well as shareholders will be considering private law suits here and in the US.

    The way to sort the issue is not to vilify a whole industry but to think carefully about the rules, checks and balances required to protect investors and depositors and then to amend those rules and legislation accordingly.

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