But Conservatives brandish Lord Mandelson's warning against anti-bank fervour, delivered in New York on February 17th, as proof of a split government.

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His scattershot remarks, his willingness to commit alternately to a policy, to its opposite, and to nothing at all rather than terrifying indications of a man with no rudder, I see them as frightening proof that Romney would be simply rejected by his party if he delivered a Huntsman-style campaign where what you see is what you get.

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"Marcia Clark will point out all of the failures of proof that he promised the jury that they were going to have that he never really delivered, " Cossack said.

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