I have seen no admission of error in this affair, so the prevailing version of events would seem to be that no human fault is to blame. It seems to me that we are acting as if we have no capacity to learn from our errors. Just carrying on as though nothing happened. What is the role of the SEC and the Central Bank in all this? Have we learned nothing? I certainly hope that my colleagues in the press are going to be as insistent and detailed on this matter as the circumstances demand.
Afra Raymond is a chartered surveyor.
He is president of the Joint Consultative Council for the Construction Industry and Managing Director of Raymond & Pierre Ltd. This series on the CL Financial bailout can be viewed or readers' comments made at www.afraraymond.com