November 9th, 2009
Banks invoke Christianity to appease public.
Is Christianity and Banking compatible? Apparently, Barclays, Goldman and Lazard seem to think so….
In the face of renewed public backlash over outsized bonuses, bankers have taken a new approach that they hope will change public perception.
By invoking divine intervention to change public perception, bankers in the U.K. have sought to quell rising fears that fat cat bonuses are back.
The latest executive to join this bandwagon is Goldman CEO Lloyd Blankfein, who believes banks are doing “God’s work.”
Has this facilitated damage control? Probably not…. although I must admit, a rather unconventional approach to public relations, no?
Tags: bankers pay, Pay regulation
