Gillian Tett looks beyond yesterday's Today item on "jurisdiction shopping" by banks. She warns there is an unintended consequence of the current worldwide desire to bash the bankers. Legislators in key countries are busy unilaterally changing internationally-agreed rules. Unfortunately, Tett says, this makes it more likely that practices illegal in one country but legal in another will be used to cover up looming catastrophes in the capital markets.
This morning's conference featured much discussion about the Guardian's front page story about an injunction banning it from... well from something it couldn't really tell us about because of the stringent nature of the ban.
It took Tim a matter of minutes this morning to track down what was behind the ban - a parliamentary question by MP Paul Farrelly concerning Barclays, Freshfield Solicitors and Trafigura. By this afternoon, thanks to the amplifying power of Twitter and other social networking sites, ensured that the injunction was virtually worthless.
The digital revolution is about to lead to a legal one.
But it's not quite over yet... Here's Alan Rusbridger's latest tweet:
"Now support BBC Newsnight which is being sued by #Trafigura and #carterRuck over toxic waste expose http://tinyurl.com/pqf4dt"