Two recent high-profile bank failures have raised questions about the role directors should play in oversight. The operative word here is should. Each bank had a board of directors responsible for assuring proper oversight of their institution’s operations. For banks,...
At a recent law school graduation ceremony, the keynote speaker concluded her commencement address by asking doctor of jurisprudence candidates to raise their hand if they were above average in their class. Every student raised a hand; 100% self-identified as above...
