Dinner last night with a Distinguished Person, until recently a non-exec of a la-arge British bank.
ND: Remarkable how everyone seems to get swept along in the enthusiasm when things are booming, with little regard for due diligence or even common sense ...
DP: Well, everyone's under considerable pressure to say 'yes', everyone's got an interest in approving things.
ND: Isn't this where, err *delicately* the non-execs come in ?
DP: No, it can only be the Chairman, everyone else has a vested interest.
* * * * *
Aah. I see.