By far the best news of the week was that Peter Meinertzhagen, chairman of ABN Amro Hoare Govett, is out of hospital after a minor illness.
Talking of ABN Amro, The Children's Investment fund has been causing palpitations among the directors. The bank has hired UBS, Morgan Stanley, Lehman and Rothschild to shore up its defence. Why four investment banks to hold off a bunch of kids playing truant?