Jeremy Warner must have suffered a severe blow to the head. Or perhaps he's been got at.
But today's piece in The Telegraph gets awfully close to reaching an actual conclusion on what to do with the banks.
"Let's please learn the lessons and break up these goliaths, rather than fiddling around with capital controls and reform to banking supervision. Bankers will always find a way around those constraints."
Blimey! Of course, few people will have managed to read that far, given how turgid is the rest of his shoot-me-now prose.