Defend the investor and open up the markets

The minute I heard Keydata had hit the buffers I could feel the pen of a certain Mr Peter Hargreaves...

The minute I heard Keydata had hit the buffers I could feel the pen of a certain Mr Peter Hargreaves a'quivering. I could almost hear Peter intoning here was proof, if ever it was needed, that all those structured product types were not to be trusted and slightly spivvy. I am sure outfits like the IMA are already readying learned submissions suggesting structured products providers in general should be taken out by the regulators en masse and executed Pol Pot style to defend the poor benighted British private investor. I, on the other hand, draw some rather different conclusions from th...