A member of the Treasury select committee this morning asked Adam Applegarth, CEO of Northern Rock:
When did you qualify as a banker?
The answer?:
I am not a qualified banker.
Which said quite a lot, I thought.
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might have been more appropriate to ask him when he qualified as a CEO? Is anyone suggesting that he is not so qualified?
What a daft question.
The appropriate response might have been: “When did you qualify as a politician?”
Mark
I disagree
They qualified by election
He did not qualify
Richard
Richard
I’m afraid you are missing the point. You become an MP by getting elected. You become CEO of a bank by getting appointed.
Whether either politician or banker is any good at their job is a different matter entirely, and not one that could be decided based on the possession of a qualification.
Mark
Richard
sorry for the problem with the wrong link to the Tim Congdon article in the FT re Northern Rock – here is the correct one.
http://www.ft.com/cms/s/0/ddf4c35e-88e5-11dc-84c9-0000779fd2ac.html