2 ms·
Call me crazy, but this makes me think that there’s a chance that Barney Frank may be equally unqualified both to regulate banks and to manage them!
by bayareabadboy 4y ago
Call me crazy, but this makes me think that there’s a chance that Barney Frank may be equally unqualified both to regulate banks and to manage them!
- smt88 4y agoWell, you'd hope someone who used to regulate banks (and will never go back to regulating them) would be a good candidate for managing a bank. In practice, yeah, it probably never happens.
- jollofricepeas 4y agoRegulators aren’t good candidates for managers and viceversa because… Being a regulator and a manager of a profitable enterprise have very few things in common. You don’t want your audit and compliance department calling the shots for a corporation. Just like the last thing you need is a CEO whether sales or engineer type making all of the risk, audit and compliance decisions.