Can You Change The 'Banking Culture' ?

[Eddie Teach]

Give me ten thousand bombers, and I can change the banking culture in a single night.

Sounds like bombers aren't very efficient.

[alfred russel]

These are terrible times we live in, when rich financial types take advantage of their power and on occasion break the law when it is to their gain. Who could ever imagine there would be "greed and corruption" at Barclays?

[Martinus]

These are terrible times we live in, when rich financial types take advantage of their power and on occasion break the law when it is to their gain. Who could ever imagine there would be "greed and corruption" at Barclays?

[Razgovory]

I actually like my bank.  It's the 16th best bank in the country according to Forbes.  Not bad for a local concern.

[The Brain]

I actually like my bank.  It's the 16th best bank in the country according to Forbes.  Not bad for a local concern.

County.

[Iormlund]

... how would you go about it ?

[The Brain]

The circumcision thread is that way.

[Richard Hakluyt]

Sometimes a cigar-cutter is just a cigar-cutter.

[MadImmortalMan]

Give me ten thousand bombers, and I can change the banking culture in a single night.

You have to do it during the day. While they're at work.

[Tamas]

The root problem is one of culture and character. Not just of bankers, but all of us.
Sure, we can blame and focus on "the system" via percentages here and regulations there, but people can get around or abuse a system no matter how 'perfect' you try to make it. We can look to history and human nature.

If we want bankers to be ethical, then not only does empathy have to be developed within them, but then it must be followed with the cultivation of compassion. Empathy allows us to understand others and accurately imagine their feelings. Compassion means using that knowledge to care for others.

Such personal skills need to be trained, but there are no mental classes offered in mainstream education today; character is certainly not listed on any resume. And behavior pretty much gets set by your late twenties.

If for your system to work you need people to act selflessly, you have already failed.

so you have finally come around accepting laisez-faire as the only viable economic theory?

[Iormlund]

If for your system to work you need people to act selflessly, you have already failed.

so you have finally come around accepting laisez-faire as the only viable economic theory?

Huh? How does no regulation stop things like interest rate manipulation or having banks sell risky products to illiterate clients?

[Eddie Teach]

If for your system to work you need people to act selflessly, you have already failed.

so you have finally come around accepting laisez-faire as the only viable economic theory?

Holy non sequitur, Batman!

[mongers]

The root problem is one of culture and character. Not just of bankers, but all of us.
Sure, we can blame and focus on "the system" via percentages here and regulations there, but people can get around or abuse a system no matter how 'perfect' you try to make it. We can look to history and human nature.

If we want bankers to be ethical, then not only does empathy have to be developed within them, but then it must be followed with the cultivation of compassion. Empathy allows us to understand others and accurately imagine their feelings. Compassion means using that knowledge to care for others.

Such personal skills need to be trained, but there are no mental classes offered in mainstream education today; character is certainly not listed on any resume. And behavior pretty much gets set by your late twenties.

If for your system to work you need people to act selflessly, you have already failed.

so you have finally come around accepting laisez-faire as the only viable economic theory?

Lazy it is, fair it ain't.

[Admiral Yi]

I think the point Beetlejuice was trying to make is that economic systems like communism that rely on good will and solidarity fail, unlike ones that rely on greed.

But, being a gypsy, he did a very poor job of communicating his point.

[Ideologue]

Give me ten thousand bombers, and I can change the banking culture in a single night.

Sounds like bombers aren't very efficient.

You have to understand, it was a different time.