One community bank I worked for fired it's president (a professional banker) because the board and the chairman (largest shareholder) didn't like the fact that he refused to give anyone they wanted to give a loan to a loan.

Madoff had thousands of clients and was in business for many years, as to credibility he was Chairman of the NASDAQ.   

Not discussing politics, here is a glimse to the in fighting going on...CFPB 'fundamentally unaccountable': Hensarling29 Jan 2014The chairman of the House Financial Services Committee blasted the Consumer Financial Protection Bureau as “fundamentally unaccountable” Tuesday during a committee hearing on the agency.

In DC it was part of a guidance memo from the Chairman of the Commission/Commissions legal counsel, oh maybe 3 or 4 years ago they came up with that requirement. 

But even further, our broker also happens to be the chairman of our state real estate commission...so what he says is also binding on all agents in our entire state on the issue, and he also in the past had been the NAR liason for Large Brokerages, and the NAR liason on state and federal legal issues, so had a hand in crafting NAR's policy on the issue.His contention is that the letters and pictures are not part of the offer. 

I'm only including this because it puts the sources in 1 easy to access spot):  The Financial Crisis Inquiry Commission formed by the US Congress in 2009 to investigate the causes of the 2008 financial crisis, concluded "the CRA was not a significant factor in subprime lending or the crisis".[124]Ben Bernanke, then Chairman of the Federal Reserve, wrote that experience and research contradict "the charge that CRA was at the root of, or otherwise contributed in any substantive way to, the current mortgage difficulties

Maybe I'll just bite the bullet and purchase a package of 5 e-mail addresses and make myself everything from CEO/Chairman of the Board/Lord-God of the firm to Second Shift Lead under the Assistant to the Night Janitor.

Beyond his investment fund he is also the Chairman of Miramax studios.

@Allen MarisAccount ClosedHere are some additional examples from a book I'm currently writing:Warren Buffett, who has a net worth of approximately $72.7 billion(Forbes, 2015), still lives in Omaha, Nebraska in the home he bought for $31,500 more than 50 years ago.He enjoys eating at McDonalds and still drives himself to work in his Lincoln Towne car each day.Azim Premji, chairman of Wipro Limited is worth an estimated $19.1 billion(Forbes, 2015).He’s known to monitor the number of toilet paper rolls used in Wipro facilities and demands that employees switch off lights when leaving their offices.

another Fed Chairman yesterday said they should slow down the asset selling program.