It is awhile since I read how much the BBC spends on News and hard-edged documentaries but it must be between £300-£400m a year. So since 2005 three years before the global banking crash until today it must have spent c£2.8 billion and yet it missed most of it and is still playing catch up. Who was tracking the JP Morgan fiasco announced last last week where they may have lost $3 billion?? No-one in the media for sure.....