But all Chief Executive Richard Fuld has seemed to be able to accomplish is rearranging deck chairs.
But it would appear what most have in mind is little more than reshuffling the proverbial deck chairs.
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He said "tinkering" with the level of duty in the upcoming Budget was like "rearranging the deck chairs on the Titanic".
It would appear that what most have in mind, however, is little more than a reshuffling of the proverbial deck chairs.
It would shuffle the deck chairs in some pretty interesting ways.
At one unionised hotel, he recalls, the pool attendant was not allowed to take the deck chairs out of the pool when the wind blew them in.
Although the science has improved over the years, the continued emphasis on what to save, rather than how to do it, seems like cataloguing deck chairs on the Titanic.
That person, Scott Sipprelle , says he has never received a response to his Dec. 9 letter, and in a statement today he contended that Purcell was shuffling the deck chairs to favor loyal subordinates.
Both Benanke and Volcker say that instead of re-arranging the regulatory deck chairs, Congress should focus on plugging the gaps in existing regulations, such as establishing a process for officials to unwind faltering non-bank financial firms.
The 2010-11 numbers show the deck chairs on the migratory titanic have stayed remarkably similar, with New York still ranking first among the 51 biggest metro areas for net migration losses, followed by Chicago, Los Angeles, Detroit and Philadelphia.
While television revenues in the SPL were becoming increasingly smaller as a percentage of turnover (8% for Rangers in 2011) and season ticket sales were declining every year (down to 37, 500 from 44, 000 five years ago), Rangers continued to rearrange the deck chairs on the Titanic.
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People of all ages came out, fathers carrying toddlers on their shoulders for a better view, old folk sitting on deck-chairs and waving Union Flags.
If the CIA director "can't move the chairs on the deck of the Titanic, can't set strategy, can't bring the subtleties of a judgment to the decision makers, then you've got to change the structure, " said Feinstein, an Intelligence Committee member.
The master bathroom has a deep tub with teak lounge chairs next to it, like a swimming pool on the deck of a ship.
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