Everything gold that the National Broadcasting and Telecommunications Commission (NBTC) touches turns to lead. The latest fiasco is the December 4G licence auction. The regulators smiled as companies ran up prices to astronomical heights. The smiles disappeared when Jasmine International - surprise - admitted they can't pay the 75 billion baht-plus for a licence after all. And, shock, True Corp won't pay for its two licences until the NBTC (Official motto: Not our fault) complicates yet another mess. There are only 65 million losers here, though, so not to worry