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Well, 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, yea
by smt88 4y ago
Well, 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.