SIR – Now the taxpayer is having to bail out Equitable Life policyholders (where does it all end?), apparently for failed regulation.

Can we expect the fat cat regulators at the FSA to send back their bonuses and salary increases they were so shamefully awarded in 2009?

Godfrey Bloom (Economics and Monetary Affairs Committee in the European Parliament), UKIP MEP for Yorkshire and North Lincolnshire, Main Street, Wressle, Selby, Yorkshire