Surviving in an Age of Default

James J. Lynch
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James J. Lynch: Lions Green

Chapter 10 in Ethical Banking, 1991, pp 175-181 from Palgrave Macmillan

Abstract: Abstract The concept of ‘reciprocal obligation’ lies at the heart of ethical banking. When a bank fails to abide by this concept it moves into the murky world of usury. When a customer fails to respect the concept, the bank is drawn into the swamps of liquidation and bankruptcy. The very word ‘bankruptcy’ is redolent of an undesirable state of affairs, a lack of some desirable quality.

Keywords: Unethical Behaviour; Bank Manager; Customer Experience; Customer Care; Banking Mortgage (search for similar items in EconPapers)
Date: 1991
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DOI: 10.1007/978-1-349-21710-6_10

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