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Old 04-03-2009, 15:46   #23
Chris
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Re: Brown pledges to clean up the banks...

Exactly. You don't stitch up a CEO who you 'supervise' as a non-exec director, because you never know whether he might turn up as a non-exec at the company you're in charge of.

And the big pension funds and investment banks that are (or were) the shareholders and therefore owners of these companies don't force the non-execs to take the job seriously because the pension funds and investment banks are themselves massive companies with their own CEOs and non-execs clamouring around the trough.
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