ABOUT KAMRAN’s Blog and GUEST BLOG
I- KAMRAN’s Blog: Dedicated to the Common Good- aiming to be a source of hope and inspiration; enabling us all to move from despair to hope; darkness to light and competition to cooperation. “Let the beauty we love be what we do.”-Rumi
II- KAMRAN MOFID’s GUEST’s BLOG: Here on The Guest Blog you’ll find commentary, analysis, insight and at times provocation from some of the world’s influential and spiritual thought leaders as they weigh in on critical questions about the state of the world, the emerging societal issues, the dominant socio-economic logic, globalisation, money, markets, sustainability, dialogue, cooperation, environment, media, spirituality, faith, culture, the youth, the purpose of business and economic life, the crucial role of leadership, and the challenges facing economic, business, management, education, and more.
“When we are dreaming alone it is only a dream. When we are dreaming together it is the beginning of reality.”—Helder Camara
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Barclays insider lifts lid on bank's toxic culture
Bob and his mates. Photo: Financial Times
“A former senior Barclays employee today exposes the “culture of fear” that operated at the bank and claims Bob Diamond would have been aware of his traders' activities.
Speaking exclusively to The Independent, the banker alleges that senior executives would have known of Libor fiddling in 2008.”…
“Punishing hours, victimisation, physical intimidation, arbitrary dismissal. Such is the portrait of working conditions under Bob Diamond described by a former employee in today's Independent. Perhaps those Barclays Capital bankers deserved their bonuses after all, just for putting up with him.
Now I doubt many people thought trading floors were a sanctuary of civility, gentility and compassion. Based on my experience at Bank of America in the 1990s, I would say they are Darwinian environments where large egos prosper and sensitive souls suffer. But I never witnessed the kind of fist-bashing detailed by the whistleblower. Nor the paranoid centralisation of power. Nor the shameless favouritism”…
Read more:
Exclusive: Barclays insider lifts lid on bank's toxic culture
Dan Gledhill: No one thinks the City is a picnic. But this was brutal
Business Ethics, Corporate Social Responsibility and Globalisation for the Common Good
The Barclays scandal, Bob Diamond, the Riots, and the Rioters: Where is Justice?
Whatever Happened to the Moral Compass? Britain engulfed in corruption
- Crime of the Century: Forget Madoff, Enron, Ken Lay…Think Libor!
- My Guest Blogger Peter Bowman: Good and Bad Taxes
- Britain engulfed in Corruption: Costs& Consequences
- Britain engulfed in corruption Part IV: Is Britain more corrupt than it thinks?
- My Guest Blogger Steve Szeghi: Student Loan Debt in the United States, Time to Forgive
- Britain engulfed in corruption Part III: …And now GlaxoSmithKline fined $3bn for healthcare fraud
- Disgusted with rampant corruption, injustice, crony capitalism, and…? Then, it is Time to Get Crazy