The circumstances complained of by the SEC are best controlled by the confluence of the competitive forces of the marketplace rather than by an agency that missupposes the mutual fund industry as being like a public utility.

He readily admits to a life of promiscuity and a history of many liaisons with prostitutes. I lived in the fast lane, he confesses.

As always, there was a fizzing, popping blaze of pine and sappy apple logs in the fireplace.

His parents enabled him to go on buying drugs.