I have spoken to auctioneers who have told me, quite openly, that a vendor should pitch the price very low to get a few suckers in. That is how this profession, if that is what it is, behaves. It behaves in a way which continually fools the public and is designed to do so. That is why it needs, at the very least a code of ethics, more likely a supervisory body, and finally regulation from outside. I do not believe in self-regulation for any professional body. I do not believe in it for the stock exchange, for auditors, for lawyers or for anyone else because there is incontrovertible evidence that it has been abused by most of those professions which have had that privilege.