August 14, 2012

Should regulators be in charge of the wrist-slapping of regulators?

Sir, Tom Braithwaite makes a courageous point in “Thin-skinned London should let the sunshine in”, August 14, by holding that even though the head of New York state´s Department of Financial Services is “a publicity-seeking, showboating, impertinent arriviste, who should get back in his box and leave the wrist-slapping of bankers to the professionals… that doesn´t make him wrong”. 

I certainly hope that someone in FT would have the same courage of defending “a publicity-seeking, showboating, impertinent arriviste” like me, who refuses to get back in his box and leave the wrist-slapping of” regulators in the hands of the same professional regulators.