The departure of David Laws from the Coalition Government certainly deprives the cabinet of a first class intellect and a minister with considerable potential.
I believe that Laws has made the correct and honourable decision to resign - anyway his friends and allies try to dress this situation up the man has been cheating on his expenses for a number of years.
It really does amaze me that a man of such intelligence and great personal wealth should have been so careless / naive / dishonest /stupid. (Delete adjective according to your own preference!)
However, the world moves on and perhaps we should consider a wider implication of Laws departure from Cabinet - the issue of the 5 "guaranteed" Lib Dem seats at the cabinet table.
Danny Alexander has been promoted into Laws former position as Chief Secretary and apparently somebody called Michael Moore will become Scottish Secretary.
Given that there are only 57 Lib Dem MP's and that about 9%* of them have to have a Cabinet job there doesn't have to be many further Lib Dem resignations before their talent pool will be "fished out".
This promotes the thought that, increasingly, able & talented Tory MP's will be overlooked for Cabinet jobs at the expenses of Lib Dems - simply because of the terms of the coalition agreement.
Trouble ahead for Cameron?
(*Compared to 16 Cabinet posts for the Conservatives from 307 MP- about 5%)