1. Formula One's governing body has published rules for 2008 to tackle what it sees as the "financial profligacy" of manufacturers determined to win whatever the cost.
With its once-mighty Banks, RBSandHBOS, the heartof the Scottishcapital's financial industry, brought low byrecklessprofligacy, the problems look deep.
There is a lot of talk about fiscal discipline within the euro zone, not least because financial markets are punishing Europe's peripheral economies for their profligacy.