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A conflict of interest in Raghuram Rajan's elevation

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A conflict of interest in Raghuram Rajan's elevation Empty A conflict of interest in Raghuram Rajan's elevation

Post by Rishi Wed Sep 04, 2013 12:51 pm

However, there is a serious conflict of interest in Rajan's elevation. He is an adviser to the US-based PE and Hedge Funds Booth and Company, MCAP etc. This probably is unprecedented where an acting central-bank chief also sits in the board of private-capital suppliers! He is associated with the US FDIC and another central bank, but only as an adviser, not as a decision-maker! Rajan has indeed hit a six, no acting central-bank chief is in the board of private-equity and hedge funds!!! Our parliament should debate this matter; there's a serious conflict of interest!!

http://www.firstpost.com/business/raghuram-hits-first-ball-sixer-looks-set-to-bowl-markets-over-1084247.html

Rishi

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A conflict of interest in Raghuram Rajan's elevation Empty Re: A conflict of interest in Raghuram Rajan's elevation

Post by Vakavaka Pakapaka Wed Sep 04, 2013 1:44 pm

He'll probably step down from those boards.

More importantly, I hope corrupt UPA ministers are sent to Syria just when the US starts bombing.

Vakavaka Pakapaka

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