Speaking of her responsibilities as Vice-Chairman of the Board of Trustees of the Royal National Museum, Princess Sumaya raised the need to develop a regulatory framework that would enhance the overall responsibility of national museums in the long term preservation and management of national cultural heritage landmarks, stressing the moral obligation each national museum holds with respect to its national heritage.
Documents were submitted to the judiciary in May 2011 and it was the Bank of Italy's "moral suasion" that led to the ousting of Monte dei Paschi's management last year as the central bank did not have the powers to dismiss managers, the people said.
He knows when to keep quiet and let others--Benjamin Graham on management, Berkshire Hathaway's Warren Buffett on directors, Joseph Stiglitz on the erosion of moral values--do the talking.