Towards Moral Bankruptcy

Towards Moral Bankruptcy is a thought-provoking book written by Paul Bureau that delves into the ethical and moral issues surrounding the banking industry. Bureau examines the ways in which banks have become increasingly focused on profit and shareholder value, often at the expense of their customers and society as a whole. He argues that this trend has led to a moral bankruptcy within the industry, where bankers prioritize short-term gains over long-term sustainability and social responsibility.Throughout the book, Bureau provides numerous examples of unethical behavior within the banking industry, including the 2008 financial crisis and the LIBOR scandal. He also explores the psychological and cultural factors that contribute to this behavior, such as pressure to meet performance targets and a culture of greed and entitlement.Towards Moral Bankruptcy is a call to action for the banking industry to re-examine its values and priorities and to prioritize the well-being of society over profit. Bureau offers practical solutions for how banks can become more ethical and socially responsible, including greater transparency, stronger regulation, and a focus on long-term sustainability.Overall, Towards Moral Bankruptcy is an insightful and timely book that sheds light on the pressing ethical issues facing the banking industry today. It is a must-read for anyone interested in the intersection of finance, ethics, and society.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.