The property was not designated as his second home - but he had been living in a grace-and-favour flat before selling it and telling tax authorities it was his main residence, the Telegraph reported.

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Everybody is rushing to buy gold, and I am telling my people it is time to start moving and rotating out of gold and selling gold, because it has reached its peak, but you cannot see that in your head with the numbers.

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But published reports say he later recanted, telling prosecutors that Bacanovic prompted him to advise Stewart that Waksal family members were selling the stock and she should do likewise.

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In 2008, the government and major political parties did indeed do a dreadful job of selling the treaty, simply telling people that Europe was good for Ireland.

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So when their VAR models started telling them to sell, they all did driving prices down further and triggering further model-driven selling.

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Instead, most of them are too busy telling us what we want to hear so we'll like them better and buy whatever they're selling at the moment.

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