Iceland is a remarkable success story – by going against the advise of some ‘smart’ bankers like the American bankers. There is a brilliant article in Bloomberg (so those who have access to Bloomberg please read ‘Iceland Resurfaces, by Yalman Onaran) -it is there in the printed version also with a brilliant photograph by Tom […]

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Bankers in Europe did not behave like this when they were paid moderate salaries. By the time they were in their 50s and could retire they still had to worry about their partnership in the bank to be sold. Indian, Japanese and some other East Asian bankers are not in the same set as the […]

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