From Mr William G. Carrington.

Sir, Having read William D. Cohan’s “Life After Wall Street” (Life & Arts, February 18) I couldn’t help but feel something was lost here. I understand that there may be an “impenetrable wall of silence”, or that, in order to maintain access to Wall Street, he respects their “need” for confidentiality. But the reality of being able to become a pastor or rabbi is achieved by the vast sums of money these former masters have accumulated in their short careers.

It may be that this is their own personal recognition for the damage they created, and is finally so recognised by Mr Cohan. This is their legacy and the unfortunate many who will suffer because of it probably want closure in the form of tragedy.

The world is better off without synthetic CDOs squared: in a room full of gamblers where they offer up IOUs there was always going to be a day of reckoning.

William G. Carrington, London SW1, UK

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