Monday, August 09, 2010

Work, trade, finance

BookValue
Enough
John C. Bogle
( http://www.wiley.com/)

Subtracting value from society

The rampant greed that threatens to overwhelm our financial system and corporate world runs deeper than money, rues John C. Bogle in Enough . Not knowing what ‘enough' is subverts our professional values, he adds. “It makes salespersons of those who should be fiduciaries of the investments entrusted to them. It turns a system that should be built on trust into one with counting as its foundation.”

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