Tommao Padoa-Schioppa quoted in New York Times: 'Trichet Faces Growing Criticism in Europe Crisis'
Quote by Tommaso Padoa-Schioppa publisehd in New York Times, 20 May 2010, 'Trichet Faces Growing Criticism in Europe Crisis':
"Only dumb people never change their minds," said Tommaso Padoa-Schioppa, a former member of the bank's Governing Council. "It was a change of circumstances which required a different posture. It seems to me it's a dogmatic, if not pedantic, view of things to say that this entails a loss of credibility."