While the big four bank bosses have been entertaining in Canberra before a Senate inquiry – promising peace, love and happiness for all their financial planning victims – CBD was keeping an eye on a related love-in due to take place with a little encouragement from the courts.

And you would hope that a happy outcome can be reached when consumer advocate, Michael "the Arbitrator" Fraser, gets to mediate with the Commonwealth Bank's customer advocacy boss, Brendan French.

Illustration: John Shakespeare.

Just think of the money it could save French's employer, the Commonwealth Bank, which is funding his defamation action against Fraser.

And let's face it, big guns like Clayton Utz's Douglas Bishop – little brother of the other PM-in-waiting, Julie Bishop – would not come cheap even for a bank making billions in profits.