“Promoters do not have a divine right to stay in charge regardless of how badly they mismanage an enterprise, nor do they have the right to use the banking system to recapitalize their failed ventures.”
As quoted in " Raghuram Rajan's first speech as RBI governor http://www.firstpost.com/business/read-full-text-raghuram-rajans-first-speech-as-rbi-governor-1084971.html", Firstpost (5 September 2013)
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Raghuram G. Rajan 11
Indian economist 1963Related quotes

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