David Mulford, chairman of CSFB International; Jacob Frenkel, chairman of Merrill Lynch International; E Gerald Corrigan, managing director of Goldman Sachs; Ernest Stern, managing director of JPMorgan Chase; Bill Rhodes, vice-chairman of Citigroup – put together they have around 125 years’ experience in emerging markets.
They have been close to power – rarely quite in it – for 25 years each, as central bankers, World Bank or IMF economists, under-secretaries of the US Treasury and heads of Federal Reserve banks.
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