Archbishop Nichols in his lecture says that a mature and enlightened public square will 'echo to the sound of many faiths' The financial sector has “failed to wake up to the moral responsibility” it has to serve society, Archbishop Vincent Nichols of Westminster has said.
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Convicted Ponzi schemer Bernard Madoff, in a jailhouse interview published Wednesday, said banks and hedge funds were "complicit" in his multi-billion dollar fraud."They had to know," Madoff told New York Times reporter Diana B. Henriques, who is working on a book about the case. "But the attitude was sort of, 'If you're doing something wrong, we don't want to know.' "