I think HSBC chairman Stephen Green want s closer “good ole’ boys” Madoff-SEC relations. You know how well that worked in the United States. HSBC chairman Stephen Green said: “The current financial framework, though well intentioned, has proved inadequate and must be fundamentally revised.”
Speaking at the World Economic Forum in Davos, Mr Green proposed the creation of a forum of the world’s largest companies to maintain a dialogue with policymakers as the new rules are drawn up.
While it is tempting to file this report under our “Green initiatives” I don’t think it qualifies. It doesn’t qualify as a very good idea either.
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