FINALLY. A USE FOR WALES

An observant reader has kindly sent me the following from the Daily Telegraph City Diary,

Wales welcomed home to Goldman

It looked like a brilliant solution to Brown's black hole. As the Reuters headline put it yesterday afternoon: 'Goldman Sachs hires Wales from Treasury.' Of course. It's obvious when you think about it. Goldman can easily afford Wales, at least on a short-term lease, and they could use it to take clients on those boys' bonding sessions in the mountains. The rent, meanwhile, would be more than enough to allow Gordon to meet his borrowing targets.

It makes sense, and finally we have a use for for Wales apart from being the Northern Hemisphere equivalent of New Zealand as a butt of jokes regarding sheep and dubious sexuality. They might even pay their own way for once! Sadly the reality is different...

Alas, the Wales in question is one Chris Wales, who was on the Treasury's council of economic advisers until last year, and is joining Goldman as a managing director. Ah well, we can all dream.

The final sentence says it all though.