The Personal And Professional Responsibility Of Investment Bankers

Banks can contribute substantially to economic growth and other social advancement. But they can also cause economic collapse and ensuing widespread misery. Most recently, in the years leading up to 2008, a breakdown in personal responsibility in the investment banking industry led to irresponsible business decisions in the United States and global credit markets, with disastrous consequences for the banking system and the economy as a whole. Despite the crisis and the ensuing regulatory