Tea with FT

As a former Executive Director of the World Bank I know that the columnists of the Financial Times have more voice than what I ever had, and therefore they might need some checks-and-balances.

Would a child shouting out “the Emperor is naked” have his observation published in FT? Would he now need a PhD for that to happen?

For more see "A Blog is Born" at the very bottom.

Showing posts with label AAA rating. Show all posts
Showing posts with label AAA rating. Show all posts
October 04, 2018

So where were those regulators who knew that “banks had wafer-thin capital levels and were accidents waiting to happen”? In some La-La Land!

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Sir, Hans Hoogervorst, the chair of the International Accounting Standards Board, while discussing new accounting standard, IFRS 9, writes:...
September 08, 2016

Moody, what would happen to US credit ratings if suddenly it was not any longer the world’s mightiest military power?

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Sir, Rochelle Toplensky and Eric Platt write that according to Moody, the four primary factors it considers when assessing a country’s cred...
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