By increasing the number from seven to eight, will that suddenly make the "wide boys" come in?
The wide boys who practise serious fraud are smart enough to transfer their assets before they are charged.
I do not believe that the organisation should consist of "wide boys".
It is this rapacity, this lively defect in all of us, of which the "wide boys", as they are called, take advantage.
Therefore, there is the obvious danger that the "wide boys" will come in and will run what, in effect, will be commercial services.
The "wide boys" have an answer to it already—and not all the brains in the country are in this building today.
This is by no means beyond the imagination of the "wide boys".
It is open to doubt whether the small investor will get enough protection when self-regulation by the ethical wide boys is introduced.
