Ha ha, you donât think they should be highly qualified?
Only one person in the Dept of Finance held a PHD in Economics. Half of them had no relevant qualification. You had a school teacher as Minister for Finance. The country was absolutely ransacked post crash. These idiots were easily hoodwinked because they were out of their depth.
The greatest financial and mathematical minds were hoovered up by âbig financeâ in the lead in to the 2007 - 2008 crash . Read the book "quants " which will give an idea.
You strike me as the kind of guy who would not be happy if the PUblic sector salaries matched those in big finance .
Would you be satisfied to pay 1m quid for someone from the private sector to do the job so if they were best person for the job? Because thatâs the kind of money you are talking about realistically
Not my argument as you well know. I donât see any justification to pay those salaries for a supervisory role but Mike hunt wants the best money can buy
But it would cost money to the people that âmatterâ pal.
Its a non runner.[quote=âJulio_Geordio, post:4121, topic:18085, full:trueâ]
If it saved us âŹ30 billion every couple of decades wouldnât it be worth it
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