Iceland MPC member: too many men led to bad banks

A member of the Central Bank of Iceland's recently-founded Monetary Policy Committee has said that an overabundance of "male bankers high on testosterone" taking "too much risk" was one of the reasons why financial professionals behaved so badly in the run-up to the current turmoil.

Anne Sibert, a professor at the University of London and the committee member, noted in an article written for VoxEU.org, an economists' blog, that a "substantial" amount of literature on gender bias towards risk