Money Lenders Preach Their Gospel
By
Kris Eddy
November 5, 2009
|
Religion, politics, and money are mixing it up in the churches of England. With U.K. unemployment at a 14-year high and citizens angry over a government bailout of lenders, bankers in the country are taking their message to the pews. They're defending the system, of course.
Executives from Barclays (NYSE: BCS), Goldman Sachs (NYSE: GS), and Lazard International (NYSE: LAZ) are among those talking about Satan, Jesus, and "one-night financial stands."
Reports Bloomberg.com:
"The injunction of Jesus to love others as ourselves is an endorsement of self-interest," Goldman's [International advisor Brian] Griffiths said Oct. 20, his voice echoing around the gold-mosaic walls of St. Paul's Cathedral, whose 365-feet-high dome towers over the City, London's financial district. "We have to tolerate the inequality as a way to achieving greater prosperity and opportunity for all."
Check out the full Bloomberg article -- it's worth it -- and share your thoughts with the Fool community in the comments box below. Do these bankers have a point, or is this another sign that they're out of touch?
“The Next Great Investment”… That’s how a top global investor describes India’s potential. On Nov. 28, The Motley Fool’s Tim Hanson returns to India to prove it. Follow along in real time and get his TOP pick first (Hanson returned from China in July with a stock that’s up 169%!). Enter email below.
Terms & Conditions
RSS Headlines
Fool UK