August 18, 2007

On calling the credit rating agencies poker hands.

Sir, Roger Blitz in a “Harvard professor flushes out answers to life’s hard calls: poker” August 18 reports that Charles Neeson, a Harvard law school professor will set up some “global poker strategic thinking societies” around the universities arguing that “poker teaches people to think for themselves.” What an extraordinary sense of good timing, I mean now when the credit rating agencies have been called out on some of their strongest AAA bluffs and investors have to start to think for themselves again.