Sir, Thank you for highlighting the problem of locating the large if difficult-to-clarify risks in today's complex financial environment in your editorial "Where is all the risk?" (February 3), ...especially after your fine series of news articles regarding financial stability and market resilience the previous week.
Oct. 28--Mishicot, you probably know if you've zipped through, is one of those small, hopelessly incorrect Wisconsin towns where the high school still fields teams of "Indians" and the water tower ...still features an enormous profile of a Native American face that is surely -- surely -- a mockery.Except that, you find when you stop, Mishicot is not hopelessly incorrect at all.Unlike, say, Steve "Injun time" Kagen.Some seem to suggest Kagen's recent use of the term is no more offensive than any of the other myriad Indian references made by unwitting, latter-day bumblers; if, indeed, it is offensive at all.It is.And that's according to one of the best and most objective sources imaginable.When they decided to repaint the tower a few years ago, Mishicot residents researched what is historically accurate and appropriate.Everyone knew Mishicot was an Indian name, but most folks didn't know much more.Turned out, according to a resolution passed last year by the Mishicot Board of Trustees, the founder of the town -- a lumberman by the name of Daniel Smith -- was a friend to many of the Potawatomi Indians who lived in the area, including Chief Mishicott.(The village...
Sir, The cognitive dissonance in US foreign policy is even worse than outlined by James Mann ("The curious disconnect in American foreign policy", April 17). Beyond the disconnect of an idealism ...practised by realists in the present administration, it appears that President George W.
Sir, Congratulations to Slow Lane columnist Harry Eyres ("Finesse falls to the new broadsword", FT Weekend, October 30-31) for so memorably characterising our moment in history as an "era of shock ...and awe".
Sir, The analysis by Raghuram Rajan on monetary policy alternatives deserves keen scrutiny, as is typically the case with his fine contributions (" Bernanke must end the era of ultra-low rates ", ...July 29).
A broader view would nevertheless permit a greater appreciation of the role microfinance has played in the current circumstances. Next to no impact from the "global financial crisis" has been felt ...among microcredit providers; small-scale entrepreneurs whose quality character is the main criterion for loans have outperformed many of the behemoths; and the wholesale side of the microfinance lending business has remained relatively undeveloped.
Sir, Recent comments from both Robert Rubin (" How America can withstand the headwinds ", November 2) and Martin Feldstein (" QE2 is risky and should be limited ", November 3) provide evidence that ...the small business segment in the US continues...
