Morality and the Economic Meltdown, Cont.

The Chairman of HSBC Bank said yesterday that the banking industry should apologize to the whole world for causing the economic meltdown, according to the BBC. "The industry collectively owes the real world an apology," Stephen Green said.

Mr Green, in Istanbul for the annual meetings of the World Bank and the International Monetary Fund, admitted the banking industry collectively owed the world an apology for the financial crisis.

"It also owes the real world a commitment to learn the lessons. Some of them are about governance and ethics and culture within the industry," he said.

Here at Ethics in the News, the Parr Center's blog, we have tried to follow "morality and the economic meltdown" as a theme. Although our research cannot claim to have been comprehensive, early on it seemed the only things to post about were outraged accusations of immoral behavior. Except for here, here and here, there was not much, so to speak, meta-discussion about the interrelation of morality and finance or morality and capitalism. If you've been reading any, post links to what you've read in the comments.

Anyway, a moment on google indicates that last year HSBC Bank asked philosopher A.C. Grayling to talk about morality and business.