4 ms·
I don't disagree with the correct general claim but the specific example is much more of a control fraud problem... you can't expect someone to understand somet
by VLM 10y ago
I don't disagree with the correct general claim but the specific example is much more of a control fraud problem... you can't expect someone to understand something if their paycheck next week depends on their careful avoidance of understanding...
- bartread 10y agoI don't know. I may be interpreting this wrong, but having read "Making it happen" (which obviously has a bias) I came away with the distinct impression it was more of a lack of interest; very little of what I read would suggest that Goodwin was in any way careful about RBS's investments, even if that carefulness was manifest in avoiding understanding. It is just one perspective though.