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.

July 13, 2005

Take note, the Cold War might be back in town!

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Sir, On July 13th the House Armed Services Committee in Washington held a hearing on the potential national-security implications in the pos...
June 14, 2005

What is lacking in the Sarbanes-Oxley Act

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Sir, Requiring all senior management and board members of companies to disclose publicly what they understand and what they do not understan...
June 10, 2005

Migration is much more important and transfer fees much less so!

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Sir, in today’s editorial, June 10, The Global Workforce when mentioning that it refers to 3 percent of world population you are really unde...
June 08, 2005

Come on Europe, wave away gloom

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Published in FT, June 8, 2005 Sir, For those who believe that the world needs Europe more than ever, the latest events are very disconcertin...
May 13, 2005

We need a more win-win CAFTA

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Sir, You rightly lend your support to the Central American free trade agreement, CAFTA, especially since not doing so would make it seem lik...
May 09, 2005

Market risks and counter-party risks, they all live in the same world.

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Sir Mr. Greenspan recently reminded the participants in the derivatives markets that the counter-party risks are still linked to the market ...
April 02, 2005

A sensible country would raise tax on petrol, so what is US waiting for?

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Published in FT, April 2, 2005 Sir, it is hard to understand the United States of America! It has a huge fiscal deficit; it has a hug...
February 06, 2005

Give us a dam index!

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Most of the recent discussions around the proposed Nam Theun 2 hydroelectric project in Laos have been centered on the income it might gene...
November 25, 2004

So that Argentina will not have to cry, again

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Sir, If Argentina, in a sovereign way, would just offer to include in the current restructure a little clause that states that if they were ...
November 19, 2004

Basel is just a mutual admiration club of firefighters seeking to avoid crisis

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Published in FT November 18, 2004  The link is gone! You will find the copy below. Sir, If a citizen from a developed country wishes to o...
August 10, 2004

Towards a counter cyclical Basel?

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Sir, the financial system is there to safeguard savings, to generate economic growth by channeling investments, and to promote equality by ...
May 29, 2004

Big Responsibilities

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Published in FT May 29, 2004 Sir, The Big Four accounting firms became that big by marketing the value of their size. Now they want to ha...
April 18, 2004

Hurrah for the Queen!

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Sir, facing the need of a career move, it was interesting to read in The Economist, two weeks ago, an announcement, by the Buckingham Palace...
December 25, 2003

The search for transparency in an oil-consuming world

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Published in Financial Times, December 24, 2003 Sir, There has been a lot of talk lately about a curse that, through corruption and othe...
January 12, 2003

Credit ratings for developing nations are just a new breed of systemic error

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Published in Financial Times , January 11, 2003 Sir, Except for regulations relative to money-laundering, the developing countries have b...
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