Why business barons should not run banks

First, a confession is in order. Would I want to own a bank and have a key to the bank treasury to start a new airline? You bet! Can I promise that I won’t dip my hands into the till when my airline runs out of cash? Don’t you doubt it. And will I recuse myself where needed and follow corporate governance? Of course. Anything for the keys to the bank safe. (Read More)

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