Selva Brasilis

Um país que evoluiu da oca e senzala ao abismo, barbárie e caos, sem ter experimentado a civilização

Monday, February 28, 2011

Falhas de Governo: A Ignorância dos Formuladores de Política

O caso irlandês serve como manual de graduação na arte de errar grosseiramente na formulação de política bancária:
Ireland's Finance Minister, Brian Lenihan learned banking and finance at the kitchen table, two days after Lehman failed. All he knew when he first sat down was that Alan Greenspan was God. Turns out that a week after the Finance Minister's introduction to basic finance, the Irish government paid Merrill Lynch $10M for a seven-page report that told them:

■"All of the Irish banks are profitable and well capitalised.”
SELVA BRASILIS at 9:38 PM
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