If you want to understand why FT is limp-wristed, one only needs to look at the industry as a whole and who provides them advice.
Spend 5 minutes looking at the CVs of the directors of SCA and compare them with the board of OCN. One organisation is made of up of those who profit from the status quo, the other is made up of individuals with a diversity of industry experience but notably not in industries that benefit from the status quo.
Not all “industry associations” have the same goals, the NRA (National Rifle Association in the USA) comes to mind.
- This reply was modified 7 months ago by .