"We didn't set out to do that, " he added.

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Becoming a virtual boss wasn't something Guertin set out to do.

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Two years from now the market could very well have done the job that Justice set out to do -- making sure that Microsoft won't be dictating to anybody.

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"I don't aim for awards -- that's not what I set out to do, " he said.

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The Fed has taken credit risk onto its portfolio that it wasn't really set up to do, but global investment banks are really too big to simply go out of business, he adds.

NPR: Fed Expected to Cut Another Key Interest Rate