TR EMERITUS

“Your definition of accountability is to push this on your low-level employees. This is gutless leadership.” – Senator Elizabeth Warren NYT Dealbook She was castigating the CEO and chairman of Wells Fargo at a recent hearing on the bank’s abuse of customers’ trust. It was all the fault of a few underperforming junior... 

Of late, you cannot escape the amount of literature both in politics and economics that try to explain the woes in our global systems. This is hardly new, but you probably have never seen so many basic assumptions since 2008 being reexamined. Why is the greatest Quantitative Easing (QE) in history to the tune of USD$ 12.3 trillion... 

Regardless of what the PAP says, the late LKY was a once-in-a-millennium abnormality and Singapore will not have another leader of his calibre. The man used to say ‘here everything works’. Now we see a contrasting ‘here everything breaks down!’ The first thing contributing to this decline is the quality of the political...