[C.P. CHANDRASEKHAR'S article on the rush of foreign financial institutions and investment funds to buy a share of China's big banks is fascinating and. Chandrasekar describes a frenzy to buy into deals that so lack transparency as to be - if you will - opaquely translucent. No matter. As is so common in our bubble-prone era as to pass without notice, the mere scent of speculative profits is enough to set billions of dollars flying across globalized borders. Never mind the proud claim that in the industrialized states no deal is ever done without complete transparency. But with the Renminbi likely to rise, and with the world's most dynamic economy, investors have rushed in blithely and blindly with billions.