In August 2014 London Mayor Boris Johnson called for ‘guilty until proven innocent’ to become the law for suspected terrorists. He argued for a reverse of the normal presumption of innocence for those who travel to Iraq and Syria.[1] Let’s not stop at terrorists though. Why not bankers? New laws […]
Tag: Marc Carney
The financial Zeitgeist and eroding resistance to change
Anyone learning Chinese soon encounters the classic tale of Zhang Guiya a county magistrate patrolling government buildings.[spacer height=”20px”] He meets a minor official rapidly leaving the money vault.[spacer height=”20px”] “Why are you in such a hurry” asks the magistrate who subsequently finds a valuable metal piece hidden in the man’s head […]
Seven ways financial leaders can start being more ethical
Perhaps it’s asking too much to expect a trade association to show ethical leadership. Even so, the gap between what the Financial Services Forum says is happening and what Christine Lagarde, head of the IMF says is going on remains absurd. [spacer height=”20px”] Speaking for the biggest banks, the Forum declares […]