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Wednesday, August 05, 2009 

'But I will make this simple point in the hope some speechwriter pressed for a deadline picks it up: if a bank manager went to half of his highest net worth clients and said “sorry, you misspelled your address when you opened your account, I’m confiscating your balance,” he would be lucky to get himself assigned to minimum security.'

And I will repeat it here. Very good analysis of the issue at hand.

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