Comments on: For some, the show must go on http://blogs.reuters.com/davos/2009/01/30/for-some-the-show-must-go-on/ World Economic Forum Wed, 30 Jan 2013 14:15:23 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: David H. Deans http://blogs.reuters.com/davos/2009/01/30/for-some-the-show-must-go-on/comment-page-1/#comment-15914 David H. Deans Fri, 30 Jan 2009 15:03:09 +0000 http://blogs.reuters.com/davos/?p=340#comment-15914 I can't imagine it being "business as usual" for any commercial banker in 2009, and perhaps beyond. While the U.S. government has yet to make any private bank a fully public owned entity, many of the survivors are still in business directly due to generous government loans. Any notion that these people are in control of their business fate is clearly a facade to assure those who need assurance. If history has taught us anything, it's that people believe what they want to believe -- even in the face of evidence that obviously proves otherwise. I can’t imagine it being “business as usual” for any commercial banker in 2009, and perhaps beyond. While the U.S. government has yet to make any private bank a fully public owned entity, many of the survivors are still in business directly due to generous government loans.

Any notion that these people are in control of their business fate is clearly a facade to assure those who need assurance. If history has taught us anything, it’s that people believe what they want to believe — even in the face of evidence that obviously proves otherwise.

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