He is -- bankers get a lot of hate based simply on the fact that the average person doesn't actually understand much about banking. The big salaries you hear a

He is -- bankers get a lot of hate based simply on the fact that the average person doesn't actually understand much about banking. The big salaries you hear about aren't there because banks are greedy; they're there because bank shareholders know that banking is hard, and you need to make sure you can command the best person for the job. It doesn't always work out, but that's the goal. Shareholders don't give up dividends for fun, in any industry. If you don't take risk, you lose market share (and really, risk is where liquidity originates from -- it's the whole reason we have banks; otherwise, we'd all just wait until we have enough cash to buy what we want). Too much risk, and you blow up. Which would be all fine and good, except not enough and too much aren't ever clearly delineated until after the fact.