The Banking F.I.A.S.C.O.
Friday, January 9th, 2009
“A man is measured by the size of his bonus rather than the depth of his integrity” Frank Partnoy, author of F.I.A.S.C.O., based on his experience as a salesman at Morgan Stanley in New York and Tokyo.
Some of the famous slogans from Frank’s days include praying on “the widows and orphans” or people who were naive and who put trust and large amounts of money into the people and institutions they invested with.
This reputation causes a big dilemma for banking today.
Trip Allen, Team Egyii, Singapore
