Where Is Your Cheese?

Found the best analogue between the bankers, who are supposed to safe guard the financial system, and the doctors:

When Britto started learning how to fly an airplane back in the 1999,
he was struck by how much easier it was for pilots to accept flight
support software. "I asked my flight instructor what he thought
accounted for the difference," Britto said. "He told me, 'It is very
simple, Joseph. Unlike pilots, doctors don't go down with their
planes.'"

Super Crunchers by Ian Ayres, Pg. 110 - Ch. 4 How Should Physician Treat Evidence-Based Medicine?

Me Too - In The State Of Shock And Disbelief

I am in the state of shock and disbelief over Greenspan's state of shock and disbelief.

This is the problem: the people, he thought, would safe guard the system could live in relative comfort - 7 live times over - even if the system recesses by 50%.

The scenario could be a lot different, if the people that safe guard the system should stand to lose their wealth (along with their heads) if the system recesses by 10%.

It is all about incentives.