December 21, 2008

And their names are?

Sir as the Financial Times has done Bernie Madoff should indeed be named and shamed. But, what about the naming and shaming of those financial regulators of the Basel Committee who caused immeasurably more damages by having concocted the idea of empowering the credit rating agencies as official guides; and which doomed the world, sooner or later, to follow some triple-A stars over a precipice.