Well Shimrod with human nature being what it is, at the moment there is no alternative in practical terms, sorry state of affairs i'm sure but a reality, if you cannot live with that tough, but don't shoot the messenger for bringing news that should surprise no-one.

As for the link supplied by GUEST,Jim Martin (02 Apr 08 - 08:33 AM) most of those super-rich are non-UK citizens (George Soros heads the list), don't live in the UK (the ones that do work for UK based banks) and all seem to be mega-rich philanthropists - go figure.

Over the past few years those in charge of investing the funds associated with pension funds, etc, have done rather well, at no time during that period did I hear anybody giving them one bit of credit for their efforts. Swings and roundabouts, win some lose some FSE level is still 50% up from about 5-6 years ago. Any investment is gambling, nothing safeguards you from taking the occasional loss - that again is straighforward reality.

Am I being bled dry - No I am not.