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Raghuram Rajan urges world to hike rates; but not in a 'big bang'

Last Updated: Friday, September 4, 2015, 19:43

Rajan also said that the concerns about market volatility should not come in way of the decision of the central banks.

Open letter to Barack Obama: Banks say sorry for financial crisis

Last Updated: Monday, October 24, 2011, 15:56

At least, they do in this imaginary letter to G20 leaders. They also promise no bonuses for top executives for two years or more. It's part of an attempt to repair relations with an enraged public and prevent the anti-banker backlash from sweeping away what's good in capitalism.