A recipe for disaster
Published 20/06/2010 | 05:00
Sir -- Take at least half a dozen hard-boiled politicians, combine with a medley of conscience-free banking executives, golden-circle business personnel and a fusion of high-rise construction entrepreneurs. Garnish with tax breaks to individuals and companies.
Exaggerate the size and longevity of a property bubble.
Smooth or glaze over any grilling questions regarding the way financial institutions are being managed -- at least until a report spills the beans.