Great weekend read here on the ethics of the banking sector. I have offered the idea in the past, that banks should not be publicly trade companies because the sector is so vitally important to the economy. The need to constantly increase shareholder value increases the need to take unnecessary risks. It could be argued that this creates systemic risk. Anyhow, interesting read here:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.