Thursday, April 3, 2008
Banking supervision for beginners
Please read the last couple of pages of the publication (from 1997!) - there is a checklist of warning signs to look out for, NR had been exhibiting every single symptom for years (which I fleshed out a bit on my 'blog). "Asleep on the job" does not come close. "Wilfully turning a blind eye" is nearer the mark.