December 23, 2008

And what about the midgets of finance?

Sir you list with photos “The fallen giants of finance” December 23. But, what about all those midgets of finance in Basel, namely the financial regulators who thought they could exorcise risks from banks for ever with their utterly silly minimum capital requirements and the appointment of the credit rating agencies as risk overseers and got us into this mess? Should we not publish their names and photos too?