Bankers Trust:

Are Psu bank heads feudal lords?

The chiefs here work under a lot of stress as they are not only answerable to their board, but also to officials of the ministry of finance and politicians, and they are not paid well, but when it comes to managing the bank, at least some of them behave like feudal lords. What does the chairman of a public sector bank do if he can’t get into the car that is supposed to ferry him to the bank’s guest house from an airport? He will catch a taxi. Right? Well, partially.