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 Daniel Davies. Show all posts
Showing posts with label Daniel Davies. Show all posts
June 27, 2018

Odiously inept bank regulators consider ex ante that the entrepreneurs are less worthy of credit than house buyers

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Sir, Daniel Davies discussing the work-outs of small business failures seemingly based on what some bad apples did, writes that “unpleasant...
January 14, 2016

Ordinary holders of bank shares had little idea that their investment was leveraged a speculative 50 to 1.

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Sir, Daniel Davies, with respect to the lower returns on equity that result from higher capital requirements, holds that bank executives sh...
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