Letter to the editor of Financial Times published January 26, 2009. Sir, I read with interest Meredith Whitney’s article on US banks’ need to raise cash by selling assets (“America’s banks need to hold a yard sale”, January 22). I … Continue reading →

Letter to the editor of Financial Times published January 7, 2009. Sir, The conflict of interest between officers of a securities firm and its shareholders was kept in check quite well for decades when these firms were organised as partnerships. … Continue reading →