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Regarding the Oct. 5 article “City of London chief urges Japan deregulate“: It seems strange that Lord Mayor of London David Lewis was in Japan attempting to sell the benefits of deregulation when all of the world is now becoming aware of the dangers and costs of creating a “laissez-faire” economy.

Japan has been correct in cautiously examining the pros and cons of deregulation and not acting too hastily. The only people to benefit are those who set themselves up as “consultants” in big selloffs and then extract considerable fees for their services. The lord mayor should find it quite difficult to sell his new suit of clothes to the gullible with the evidence of the crumbling U.S. economy so evident.

david hassett