Saturday, April 21, 2012

One gap that sure needs to be closed

The Spring Meetings of the World Bank and the International Monetary Fund of April 2012 are surrounded with various calls about “reducing gaps” 

Well one gap that surely needs to be closed, and where the World Bank and the IMF should be at the forefront, is the one odiously increased by senseless bank regulators, between those perceived ex-ante as “not-risky” the AAAristocracy, and those similarly perceived as “risky”... the new untouchables