"We design performance measures to cover-up error. They are called benchmarks. We make decisions based on: Will we be found out? Discovered? Identified as the wrongdoer? Do we really want to have to explain this stuff to someone who spent his or her life in sales or marketing?"
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Informal remarks on the occasion of the 50th anniversary of the Eurobond market." (2013)
https://en.wikiquote.org/wiki/Eugene_Rotberg
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Eugene Rotberg
Gene Rotberg (January 19, 1930 – October 6, 2025) was an American lawyer and international investment banker and was an expert on risk taking, interest and exchange rates, financial market regulation, and the role of international development institutions. He served as vice president and treasurer of the World Bank from 1968 to 1987, responsible for overall funding and investment operations.
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