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SIR JOHN VICKERS UK BANKING SECTOR REFORM – A COMPREHENSIVE ANALYSIS

SIR JOHN VICKERS UK BANKING SECTOR REFORM – A COMPREHENSIVE ANALYSIS To:                The Right Honorable Chancellor of the Exchequer  From:             Athinarayanan Sanjeevraja  Date:             September 27, 2011 RE:                Britain Banking Sector Reform Suggestion: Good Morning Chancellor. I just read the fine print of Sir John Vickers report. He suggests structural separation of the country’s banks into two parts retail and commercial banks bits. The principle of separating retail and commercial banking is sound. Indeed legal separation improver safety of retail banks. The entire separation might provide the strongest firewall to protect retail banking services from contagion effects of external shocks. I ...

SWISS NATIONAL BANK PRESIDENT PHILIPP HILDEBRAND

SUGGESTION TO THE SWISS NATIONAL BANK PRESIDENT PHILIPP HILDEBRAND To:                        The Right Honorable Swiss National Bank President Philipp Hildebrand From:                     Athinarayanan Sanjeevraja Date:                     September 20, 2011. RE:                        Swiss Franc Valuation Suggestion:             Increase money supply, lend to other European countries.       Good Morning President. When I wrote to you regarding rise i...

AMERICAN PRESIDENT BARACK OBAMA

To:                        The Right Honorable American President Barack Obama From:                      Athinarayanan Sanjeevraja RE:                        US Jobs Act Suggestion:             Improving Consumer Demand Good Morning President. We had a power outage in India. I couldn’t watch your’s US Jobs Act speech live. I watched it later at night once the power came back on but halfway through the speech. Obviously, I had pay more attention to the structure of your speech. I found it underwhelming. You want to spend now $447 billion to keep the job situation from becoming ...

FEDERAL RESERVE CHAIRMAN BEN BERNANKE

To:                The Right Honorable Federal Reserve Chairman Ben Bernanke  From:            Athinarayanan Sanjeevraja RE:                Restructuring the American economy Suggestion:     Encouraging domestic investment  Good Morning Chairman. In my opinion, structural economic problems can not be fixed by monetary policies especially QEs. QE can temporarily ease but growth will not return until sound economic structure is put in place.   You argued that White House need to address the medium term fiscal mess while leaving room to cushion the economy now.   In my opinion both fiscal and monetary policies are at the end of the rope.  American economy needs more debt fueled consumer spending which creates economic activity as well as jobs. It...

SUGGESTION TO THE PMEAC CHAIRMAN DR C. RANGARAJAN

SUGGESTION TO THE PMEAC CHAIRMAN DR C. RANGARAJAN To:               The Prime Minister Economic Advisory Council Chairman Dr. C. Rangarajan From:           Athinarayanan Sanjeevraja RE:               India’s GDP Number Suggestion: Good morning sir. I hope that you remembered my last mail dated on June 29, 2011 regarding inflation.   Now the Indian economy is suffering as a consequence as I mentioned in my last mail. I accept that high inflation would debase the currency leading to economic destabilization. Hence RBI’s policy of raising interest rates 50 bps on July 26, 2011 to reduce demand and prevent high inflation corrects. I have said so in my previous mail the current approach to monetary policy is fundamentally flawed whether it is based on targeting inflation or the growth in the money supply itself...

SUGGESTION TO THE GERMANY FEDERAL ENVIRONMENT MINISTER

SUGGESTION TO THE GERMANY FEDERAL ENVIRONMENT MINISTER To:               The Right Honorable Federal Environment Minister Dr . Norbert Röttgen From:           Athinarayanan Sanjeevraja RE:               Germany Energy Policy Suggestions: Good Morning Minister. German government decided to shut all the country’s nuclear power station by 2022. In my opinion nuclear gab should not be filled by new gas fired power plants because the total capacity of planned gas power plants in Germany adds up to about 8GW – this compares to about 20GW of nuclear power to be replaced. And in fact those 8GW overstate the part they will play in the actually generation of electricity. Gas power stations can be quickly started and shutdown. This means that a lot of them will be held in reserve to start up when wind power...

EUROPEAN PARLIAMENT PRESIDENT JERZY BUZEK

To:               The Right Honorable European Parliament President Jerzy Buzek From:            Athinarayanan Sanjeevraja RE:               Eurobonds Suggestions:   Good morning President. German Chancellor Angela Merkel insisting that introducing Euro-zone wide government bonds wouldn’t solve the current debt crisis but I kept on insisting introducing Eurobonds will solve the current debt crisis since June 2011. I also wrote to Spiegel Online in the month of June 2011, saying that Europe should move to the Eurobond fund, guarantee AAA rated Euro-zone countries will not pay any higher rates then they do now, if they want to borrow, by allowing them to take the difference out of the fund while other European countries such as PIIGS would borrow at the normal rate likely around 4% al...