When we first started covering the story of the mis-selling of 'swaps' - a bit like insurance policies for businesses - the banks' attitude was, frankly, pretty dismissive.
I was told time and again that it was not a widespread problem and would be nothing like PPI... move along, nothing to see.
Yet just a few months later it is now abundantly clear this will be a costly and long-living problem for some.
Barclays this morning has announced they are putting aside an extra £400 million for compensation, taking their provision alone to £850 million.
An enormous amount for just one bank; potentially a very big problem for them all.