  Two decades ago, Sadovskii found an exact solution of a model describing a
pseudogap in electron energy spectrum (first introduced by Lee, Rice and
Anderson). The discovery of a pseudogap in high-Tc superconductors has revived
the interest to his exact solution. I review the model with the emphasis on
physical content, point out an error in the original Sadovskii's solution and
explain which problem he actually solved. A recent incorporation of Sadovskii's
ideas into a description of "hot spots" on the Fermi surface in cuprate
superconductors (Schmalian, Pines and Stojkovic) is briefly discussed.
