Who will run a bank for $500,000 a year?

Pub date February 19, 2009
SectionBruce Blog

As the national economic crisis gets worse and worse, Jess Brownell sets out to find people who are willing to run a financial institution for $500,000 a year. It’s not going to be pretty.

By Jess Brownell

The national economic crisis just gets worse and worse. The time for aimless discussion is over. Now we have to find people who are willing to run a financial institution for $500,000 a year. It’s not going to be pretty.

I like to help the government when I can, so I went out to try to ascertain just how difficult the search was going to be. My first stop was at the bar down the street, an establishment I visited frequently back in the days when I was drinking seriously. I asked the bartender if he would be willing to take on a job like that. He looked at me (well, almost, he has this one eye that sort of drifts, but most of the time he gets the glass and the bottle in the same general area) and shook his head. “Are you kidding? When I can spend eight hours a day pouring cheap booze for penny-pinching losers? Mentioning no names, of course. Not me, man. I’m living my dream right where I am.”