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 investment banks. Show all posts
Showing posts with label investment banks. Show all posts
August 03, 2018

FT, though fearlessly blaming accountants, seems to sheepishly favor bank regulators.

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Sir you write: “Unscrupulous managers, increasingly rewarded with equity incentives linked to accounting measures, have exploited the syste...
November 12, 2015

John Reed, competing on equal terms with equal capital requirements, traditional and investment bankers can be friends

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Sir, John Reed writes that combining traditional banking and investment banking into a universal banking is inherently unstable and an unwo...
September 11, 2014

Are those who lend to a morally bankrupt government not just as morally bankrupt themselves

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Sir, FastFT reports “ Venezuela bonds yields are shooting higher” September 11. It refers to a recent article by Ricardo Haussman’s an...
September 09, 2014

If Venezuela defaults, two have tangoed, an incompetent government and highly irresponsible lenders.

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Sir, I refer to John Paul Rathbone’s “ Call for default underscores Venezuelan incompetence ” September 8. In it Rathbone analyses Rica...
April 18, 2008

Sometimes formal limits signify fewer limits

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Sir Krishna Guha in “Call for investment bank rules to change” April 18 mentions that Bear Sterns had a debt to equity ratio of about 30 tim...
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