How to Prequalify for Financing

http://londonbanker.blogspot.com/2008/09/learning-from-rudi-bogni-thin-space-of.html
I found an article (embedded in the above blogpost) written by the CEO of UBS Private Bank, Rudi Bogni, a few months ago in Wilmotts. This is a man who famously responded to the derivatives-induced bankruptcy of Barings Bank in 95' by resigning his post as CEO of a Swiss bank to take a masters in applied mathematics--in order that he might actually be able to understand the derivatives that had now "become the financial market." He gives here a fairly common sense clarification of what conditions are necessary for the financial system to function properly. It is also, I might add, a relief to read something that was conceived at a salutary distance from the petty, ad hominem political squabbles about assigning blame to particular individuals. He approaches the question from a higher and broader conceptual level, and one can only hope that these notions which he expresses are comprehended by the political powers and financiers.