Comments on: A lawyer as CFO? Bad idea, says Bove

By: Brian of Claremore

Brian of Claremore — Mon, 23 Mar 2009 19:13:43 +0000

Very insightful. It is odd how many lawyers are running the country and yet it seems strange to fully trust a lawyer with the country.

By: Dave

Dave — Mon, 23 Mar 2009 14:01:33 +0000

A well seasoned CFO of a law school once said to me, “When it comes to numbers, lawyers are idiots. If they were smart about numbers, they wouldn’t be lawyers.”

The fact that they now have appointed a lawyer as CFO tells me that they have some significant legal issues in their future.

By: Sebastian

Sebastian — Sun, 22 Mar 2009 13:22:26 +0000

Agreed

By: RW

RW — Sun, 22 Mar 2009 13:02:03 +0000

You ever listen to a recent Congressional hearing with those mostly “lawyers” questioning financial people. It’s an utter joke. Even with their lawyerly staffs they belie their utter ignorance,

After all, they are only lawyers. Playing with words for a living doesn’t mean you actually get anything done. And in business that’s the objective every single day.

By: Mike

Mike — Sun, 22 Mar 2009 03:56:48 +0000

534.

Representative Ron Paul of Texas is a doctor of OB/Gyn.

He also has the most useful advice on solving this problem.

Remove the source of the bubbles, then step out of the way and let private citizens rebuild the country as they always have after government destroys parts of it.

By: Paul

Paul — Sat, 21 Mar 2009 19:41:31 +0000

Curious that we should consider a lawyer as unfit to run a financial services company’s division. We have nearly 535 lawyers running the USA and insisting that they have a clue on how to run an economy.

In fact, not only do those 535 “lawyers” stoke their bragging rights on law studies, but, the vast majority of them also gladly announce their having attended 2nd and 3rd tier schools to accomplish their studies.