Greed Can Be Good
Why Investment Banking May Be Broken But Doesn't Need Fixing
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Greed Can Be Good
Why Investment Banking May Be Broken But Doesn't Need Fixing
About this book
A witty, satirical take on the financial crash and the future of the banking industry, written in the persona of ultimate antihero and rogue banker Dave Hart (protagonist of David Charters' cult novels, which include Trust Me, I'm a Banker )
"As an investment banker I witnessed at close hand the most expensive financial crash in modern history. The result of decades of artificially inflated prices, a bonus driven-culture based on 'me now, and I want it all, ' and torrents of cheap money that we thought would last forever. I was paid millions—in some years, tens of millions. But did it make me happy? Of course it did. I loved every minute of it. Money isn't guaranteed to buy you happiness, but it sure helps. We had a hell of a party, and the rest of the world had our hangover. But was it right? This book is an exploration of what we did and why we did it and most importantly where we go next. It is not a chest-beating polemic from a former banker on a guilt trip. I don't do guilt, and anyway I'm not guilty. Do we need a new code of ethics? A different approach to the way we do business? Or should we just repackage the old one and carry on? There are no definitive answers and clearly no easy ones for an industry used to getting its own way. All I can offer is the insight of an insider and my reflections for the future. Plus my assurance that whatever happens, bankers will still come out on top. We always do." —Dave Hart
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Information
Table of contents
- Cover
- Title
- Copyright
- Contents
- Foreword
- Introduction
- What’s it all about: is there any value in what we do?
- Human capital: it’s the people, stupid
- Conspiracy theories: was there a master plan?
- Virtuous spending: why bonuses matter to the economy
- Giving back: the next Big Lie
- Friends and allies: we did not do it all ourselves
- Bankers, lawyers, accountants: are we equally bad?
- The future: it’s the market, stupid
- Banking and the environment: do we care?
- Do clients matter?
- The new City: an ocean of diversity
- So what is our legacy?
- The London effect
- Where do we go next?
- Postscript
- Index