Tuesday, July 24, 2012

John G. Taft — How Finance Is Like Alcoholism

The core principal of Stewardship—serving others by responsibly managing what they have entrusted to our care—represents the code that should govern and inspire and inform the financial services industry. In our industry, it’s known as putting clients first. There’s lots of lip service being paid to “client first” principles right now. But the jury’s still out on whether those principles will get translated into responsible behavior.
In the meantime… get ready for yet more stuff to come crashing through the windshield.
Read it at CNBC NetNet (short)
Crashing Through the Windshield: How Finance Is Like Alcoholism
by John G. Taft | CEO, RBC Wealth Management - U.S.

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