The employment tribunal that had the whole of the fund management industry fascinated ended with a whimper last week.
‘We in the overindulgent, overspent West are living beyond our means. We must live less well or work harder.' So wrote The Times' columnist Matthew Parris back in September.
As 2011 draws to a close, now is as good a time as any to reflect on what has been another extraordinary year in global economic and political history and one which saw volatility return to markets once more amid whispers of a new credit crunch.
I do not know what was more surprising - that the FSA has effectively banned the sale of life settlement funds or the language it used in the announcement.
Back in May, I wrote a comment piece on why the IMA's original plans for its multi-asset Managed sectors posed a risk to advisers and their clients.