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 LTRO. Show all posts
Showing posts with label LTRO. Show all posts
August 18, 2014

Do FT reporters really understand that capital, as in capital requirements for banks, refers not to general funds but to equity?

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Sir, Christopher Thompson reports “ Europe´s banks set for €250bn injection ” August 18. And that money, which according to Mario Dragh...
September 26, 2013

FT, with respect to ECB and any new LTRO, dare not to withhold the most important advice

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Sir, in “ ECB’s next steps ”, September 27, you write that “Providing cheap loans to the banks is no guarantee that the money will find its...
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