One piece of "news" in today's speech - though it is not, strictly, a surprise - is that Mr Osborne is accepting the Tyrie Commission's suggestion, to "electrify" the new ring-fence between banks' risky, investment banking-type activities and their retail operations.

BBC: UK banking reforms: What's new?

Sony seems like they were too scared of being called outright thefts by taking the system for their own, but ring-out based play would work much better for this type of game.

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