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 US GAO. Show all posts
Showing posts with label US GAO. Show all posts
November 16, 2018

Stress tests for banks, performed by mighty regulators, signify dangerous systemic risks, as well as useless predictors

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Sir, Caroline Binham reports on how “Andrea Enria, the outgoing head of the European Banking Authority, who is set to become the Eurozone’s...
June 26, 2018

Flags need also to be raised, when influential multilateral financial institutions help to blow up bubbles

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Agustín Carstens, the general manager of the Bank for International Settlements writes: “A decade of unusually low interest rates and large...
November 07, 2012

For now I will not buy Sebastian Mallaby’s risk averting potion, it might even enhance the risks.

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Sir, I refer to Sebastian Mallaby’s “ Economics must heed political risk ” November 7. There he mentions the idea that “The familiar statis...
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