On valuation, people always seem to be overly enamored with market value, which has puzzled me because as a private company, there is no liquid market on which to buy and sell shares, so a valuation is established without any degree of market efficiency.

FORBES: How Bad Is It At LivingSocial? PrivCo Claims 94% Of Value Wiped Out

Meanwhile, Transport Minister Keith Brown has said he was "puzzled" by claims that Edinburgh taxpayers could be hit with a multi-million pound compensation bill for roadworks leading to the new Forth road bridge.

BBC: Forth Road Bridge: Cable corrosion problems 'resolved'