Summary
TALKING of the bankers, one would advise them to go online and download a copy of the annual report of the Bank for International Settlements in Basle.
If this had been done at the peak of the credit boom, when the BIS was a voice in the wilderness criticising casino banking and credit default swaps in particular, some of the most heinous mistakes might have been avoided.See the full content of this document
Extract
Lonely voice [Edition 2]
Indeed, the failure of the bankers and regulators to take notice of...
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