Monday, August 09, 2010

Work, trade, finance

John C. Bogle

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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