What they should have said...

"We find that there was no breach at all by a cross over, multiple appeal radio station which caters late at night to a student audience which appears to be amused by silly and bad taste jokes. However there was a massive breach of morality and common sense by the Mail which deliberately stoked up righteous indignation in order to raise circulation. Furthermore there was a huge abandon of proper responsibility by the BBC in not backing presenters and staff and allowing talent and executives to take blame for something that never happened.

If we had any power (like the PCC we don't) we would ban the Mail from publication for a week (that would hurt it) and fire the DG of the BBC and tell the BBC Trust to grow up, develop backbones and hire someone who doesn't think Courage is just a beer".

Hear Hear JK!