Professor Bananas

Willem Buiter is wheeled out ad nauseam by supposedly impartial tv companies whenever an "expert" on the UK financial system is required to make a half dead story stand up. So it was last week, when the talkative Professor appeared on Channel 4 News to tell its gullible audience that Somerset was unlikely to get any money back after our intelligent investments in Iceland. Buiter is a charlatan, a trickster and a foreigner to boot. He masquerades as a Professor. He knows nothing. My own team of financially astute experts calculated all the risks and are still convinced that not only will the money return to Taunton intact, it will also have been enhanced by the excellent and generous arrangements we were able to achieve. I have instructed the County's legal locum to write to Buiter in the strongest possible terms.