The structural issue that could cause the world's market of last resort to grind to a halt
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Tuesday, September 2, 2008
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Some senior executives within banking are, in private of course, admitting the current composition of boards is not serving the industry’s best interests
Fewer than one in three directors of 17 banks outlined in Board stupid has any direct experience of the banking industry. Most worrying for shareholders, only one in 10 directors are former bankers in a non-executive role.