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Saturday, August 4, 2012

Ethics & Financial Acumen

Financial companies don’t need acumen to run, they need ethics


After all had been said and done about speculation, need for better risk management frameworks, improved control measures, too big to fail ideas, more conservative banking style, tightened regulatory measures, it had proved just one thing: Financial institution do not just require laws, regulation or financial acumen to run their businesses. They need ethics.

Why do I say so?