Thursday, March 27, 2014

CORPORATE PHILOSOPHER




So what is a corporate philosopher? 

We'll, if you haven't been following UK banking you probably don't have an idea. If you have (There's probably a few lurking around the financial shadows here in the U.S.
But we haven't seen one yet.), you're onto something.

 According to a WSJ, Barclays, the big British bank, rolled out recently new stationery embossed with the words: "Respect, Integrity and Stewardship."

Who would've thunk it anyone in the centuries-old banking industry would need to be reminded what those words mean?  Anyway, here's the link to the WSJ piece about an industry that never seems to tire of rigged bets, scandals and wayward stewards.

It makes one appreciate Voltaire's comment about bankers even more, that if you see a banker jump out of a window, it a good idea to follow 'cause there's probably a profit in it.

http://online.wsj.com/news/articles/SB10001424052702304418404579463122893382480?KEYWORDS=Uk+banks&mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304418404579463122893382480.html%3FKEYWORDS%3DUk%2Bbanks



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