O'Reilly logo

Investing in Change: The Reform of Europe?s Financial Markets by Andrew Gowers

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

9Nostra culpaHUGO DIXON

The banking industry has come in for a lot of flak since the credit crisis started four years ago. It will come in for more over the next few years. Weak economies in industrialised countries and the raging crisis in the euro zone virtually guarantee that. The media, politicians and the general public will not be able to resist making bankers the whipping boys.

Investment bankers are not, of course, the only culprits. But they do bear some of the blame for the current mess because they ran excessive risks in the bubble years. They are easy to kick because they earn so much at a time when others are suffering from austerity and high unemployment. What really sticks in the craw is that banks have continued to pay their employees ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required