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View Diary: Senator Elizabeth Warren Strikes Nerve, Terrified Bankers Howl In Protest (186 comments)

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  •  Don't know/Don't want to know. (6+ / 0-)
    Recommended by:
    eXtina, elwior, ozsea1, worldlotus, MichaelNY, Woody

    I think you're right on both counts. These Wall Street CEOs are:

    A.) Not as brilliant and knowledgeable as they're made out to be. Some of the operations and products at these banks are so complex that even their executives don't completely understand them. We're a long way gone from the big banks essentially being S&L operations.

    B.) Sometimes it is in their best interests to not know everything their employees are doing.

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