Monks used to sit in this Italian church contemplating the bible and the after life. I am debating responsible and democratic finance standards to guard against a new wave of harmful lending to developing countries. Everyone is convinced that the current rules that govern sovereign lending are full of loopholes and flaws, and that the announcements of official moves to fix them are inadequate and not to be trusted. That extends to today's G8 finance ministers pledge to create a so-called Lec...