What you should learn from the fall of DSB
08-03-2010 | 16:44:04

What you should learn from the fall of DSB

The Dirk Scheringa Bank (DSB) fell apart like a house of cards last October, leaving hundreds jobless, exposing inadequate government oversight and further undermining confidence in the Dutch banking system. And while it’s convenient to heap the blame on former CEO Dirk Scheringa (or Dutch Central Bank or even Finance Minister Wouter Bos), the true culprit is the public at large. That’s right; it’s all our own faults. Read more