[bayareabadboy]

Call me crazy, but this makes me think that there’s a chance that Barney Frank may be equally unqualified both to regulate banks and to manage them!

[smt88]

Well, you'd hope someone who used to regulate banks (and will never go back to regulating them) would be a good candidate for managing a bank.

In practice, yeah, it probably never happens.

[jollofricepeas]

Regulators aren’t good candidates for managers and viceversa because…

Being a regulator and a manager of a profitable enterprise have very few things in common.

You don’t want your audit and compliance department calling the shots for a corporation.

Just like the last thing you need is a CEO whether sales or engineer type making all of the risk, audit and compliance decisions.