Saturday, November 07, 2009

Banking on the Church for Support

London churches hosted British bankers, intent on restoring their good name. Bloomberg reported that some confessed:

Bankers became too obsessed with short-term gains in a financial crisis that is a “profoundly moral issue,” Lazard’s Ken Costa said in the church of St. Katherine Cree on Oct. 15.
One intoned Jesus' teaching on selfishness:

“The injunction of Jesus to love others as ourselves is an endorsement of self-interest,” Goldman’s Brian Griffiths said.

Others lorded:

“There’s no conflict between doing business in an ethical and responsible way and making money,” Varley said. “We make our biggest contribution to society by being good at what we do.”

Barclays “objective is to pay the minimum compensation consistent with competitiveness,” CEO John Varley said.

John Varley channels Jacob Marley, Ebenezer Scrooge's partner? Might a laid off Barclays employee been outside? "May I please 'ave sum scraps from the Barclays' table, sirhh? Little Timmy is in a bad way, governuh."

In the Church of King Henry VIII's genitalia, British bankers showed their wankers. So did a visiting American banker. Christmas is around the corner. Beware bankers' swinging Christmas balls.

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