So now someone in the federal government wants to pick directors for banks

This should go well.

From the article:

A report Friday said federal officials are pressuring Bank of America Corp. to revamp its board and bring in directors with more banking experience.

I guess they want someone with more experience, like maybe the President? How about the Sec. State?

Interference from the federal government is what caused the problems we are now having in the banking industry. More government interference will make things better?

Why don't we just have government do what it does best, which is waste money?