CHAPTER 8

TASK NO. 4: EDUCATION

Teaching the Educated

Leadership and learning are indispensable to each other.

—JOHN F. KENNEDY1

IN 1993, the Sri Lanka Securities Commission invited me to visit that island nation off the coast of India to advise it on ways of improving its judges’ knowledge about securities and financial law. Sri Lanka was then in the process of developing a stock market, and the government and the Securities Commission considered the courts vital in maintaining the market’s integrity. Both the stock market and the laws supporting it were all very new and had been based on American and English models. Most Sri Lanka judges knew nothing about them and had no training in how to understand and apply this arcane area of the legal ...

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