Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-03-28-Speech-3-273-000"

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"Mr President, in financial services, failures by directors to hold their employees to account and failures by shareholders to hold those directors to account compounded risk-taking, led to corporate collapse and taxpayers’ bailouts. Corporate governance is really important. This report recommends best practices shared through principles established in each Member State and coupled with a ‘comply or explain’ regime. I agree, and I would also like to see it backed up with sanctions. As regards women’s quotas, yes, I would like to see more women in senior positions, but my priority is to get the right people, the best people with the best skills, and in banking that means the balanced approach. Please remember that the Chief Financial Officer of Lehman’s was a woman. A survey released today by the Bundesbank, a normally risk-moderate institution, suggests that in banks women are bigger risk-takers than men. Please be careful of jumping to decisions. Not all women are identical, and not all men are identical either."@en1
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