Ain’t it great to see Peter Sutherland splashed across the main media today, giving some retrospective perspectives on Ireland’s economic woes and opining that “downward flexibility in wages and prices is essential to avoid unemployment”.
I took the liberty of digging out a summary of his address from the IoD website and I noticed a few items that he failed to address in his missive:
(1) His view (as chair of Goldman Sachs International) on the methods by which Greece masked its true debt figures (under advice from…Goldman Sachs)
(2) His view of the £17.5m fine levied by the FSA in the UK on Goldman Sachs International last year for breaching FSA Principles
(3) Any comments on the BP disaster in the Gulf of Mexico (after all, he was chair of BP from 1997 to 2009)
(4) His fee for the IoD address and how it compares to the minimum wage – perhaps there is an opportunity for “downward flexibility in wages and prices” here?
Answers on a postcard please to 40 Calderwood Avenue, Dublin 9