Why should I run a major bank?
- I have no pre-existing alliances to the current regimes.
- I will learn how things ought to be run and make that the way things are done, instead of cleaving to entrenched viewpoints or defending previous stupid acts.
- I don’t need to earn as much as the current big guys because that is not how I measure my worth.
- I believe that there should be nothing in the fine print that undoes the agreement in the big print.
- I believe that bonuses should depend on a banker’s track record of success.
- I believe that common sense must prevail and paper profits are meaningless unless they reflect real profits.
- The bank’s portfolio should be a healthy mix of low, moderate and high risk deals.
- Kick me out in 3 years, even if I do a good job. And give me a nice cake at my going-away party.