The price of regulatory failure? A plum job in the banking establishment. . .
Wonderful article by Bruce Arnold on Monday (Comment, June 27) warning us against Peter Sutherland and his ilk.
In the '80s, Alan Greenspan wrote a letter that advocated and championed the way in which Lincoln Savings and Loan Association was being run in California.
Subsequently, the risky investments made by this once-conscientious institution led to its collapse and the necessity that it be bailed out by the American taxpayer.