Stephen Green, Group Chairman of HSBC

with Stephen Green
in Business, Books, Current Affairs
on Monday, April 12, 2010 * * * * *

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Stephen Green, Group Chairman of HSBC. His book is called: “Good Value: Reflections on Money, Morality, and an Uncertain World.”

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Keywords:
HSBC
morality
Business
economy
Bank
value
values

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  • Comments 4
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    1. futurevisionaries  04/22/2011 03:16 PM Report

      Stephen ,

      Can you help or know of people or companies that can help?

      I need to save global FUTURE brands for and by the global people and countries.

      My name is Kent G Anderson .

      I see where 12 years of my life's work and ideas can help all people in all countries. My goal is to share the global Brand FUTURE... Future is design like a country and people's ideas are the global product. For more information about me and global people FUTURE google Kent G Anderson. My web page is www.futurevisionaries.com .

      FUTURE sm/tm

      925 N Griffin

      Bismarck,ND

      58501

      USA

      milmntec@btinet.net

    2. LoisMarsSimon  05/30/2010 08:35 PM Report

      Mr. Green you are full of Bull S**t. BTW, you are smug and incredibly boring as well. I cancelled my accounts with HSBC. Your bank was just a "flash in the pan" in my humble opinion.

    3. NeilMacCallister  04/16/2010 05:52 AM Report

      Ah, Mr. Green, ..is it really such "An Uncertain World"?

      ..And is "the right thing" really so elusive?

      ***

      If my son spends his first paycheck to buy a $200 pair of sneakers, ..I will tell him "What are you doing!!"

      If my daughter gives her home-utility payment money to the guy standing by the freeway, ..did she "do the right thing" for herself, her husband, and her kids?

      10,000 years of history has begged us to "keep our eyes on the road", ..pay our bills, ..keep our promises, ..and if we have to choose between two shirts which both look good, ..choose the cheaper!

      God gave us our minds, and trusts us to make the right choices! ..eventually!!

      Do you have children, Mr. Green?

      If you take care of them well, ..have you pleased God? ..Have you done your best to offer something of value to the world as well?

      Take care of yourself! ..Take care of your kids!! ..Do you really think anybody can do more than that??

      **

      Mr. Rose properly highlights "unacceptable risk ratios" and "inadequate capitalizations",..

      ..but that was evident to everyone, was it not?

      Charles Schumer knew that!!!!

      Barney Frank knew it, too!!

      The question is: Why do we taxpayers have to co-sign these blatant under-capitalizations? ..and these 100% risk, high-commission "loans"/payouts?

      Only because we have no voice in the matter??

      ***

      Back to the topic: The "best" American economy you can get, ..is when each individual fisherman can argue the best price of the fish-bait that he is offered, ..and when you times that by 300 million, you have a LOT less waste than if you try to set the price of all bait from Washington.

      And I'll sell my own fish, Thank you, ..and if I don't make enough money working at Wal-Mart, ..I should go get a better job somewhere else, right? ..For there may be someone else in line who is ready to take my place at that job! And that new person should have that job, shouldn't they?

      The "good" is not so hard to know, ..not that hard to find. We just need the courage to accept that it is those things we do everyday, for ourselves and our family, ..when they are done in a way which doesn't take away from others.

      Let's quit blaming some imagined "distance from God" for any endemic lack of clarity, for that is just ourselves, and the choices we make everyday, ..and lets also stop passing the payments for any present fatuous celebrations-of-self onto our kids.

      Maybe we should save, and celebrate, for them!

      That would be the right thing!

    4. REMant  04/13/2010 01:46 PM Report

      Values have to come down to correctly understood self-interest not legislation or regulation, and the only way to impress ppl with correct self-interest is to make sure that it is not possible to manufacture money, which is really what allows the trade imbalances that produce bubbles to get to the point where they are serious. Salaries, short-selling, shareholder value maximization and all that are really irrelevant. Globalization, like the division of labor, has to be looked at from two different points of view: 1. Smith's idea that specialization increases wealth by increasing the ecosystem, as it were; or 2. that it merely subdivides given tasks factory-fashion. I think it can easily be shown that the second of these is the major factor in keeping ppl impoverished, for it is simply another instance of mercantilism.