Article June 19, 1995 Issue

Business practices that bless the world

by Kim Shippey

Sadly, financial scandals—national and international—are often a staple of the news media. People do some extraordinary things in their pursuit of money.

But how are business people who are Christians viewing recent evidence of greedy, dishonest, and unethical behavior in the world's money markets? We asked four of them with long experience in banking and finance in three different countries, for their thoughts on the subject.

South African businessman Bob Tucker, who has been involved for many years in the provision of banking services and housing finance for low-income communities, told the Sentinel that he felt the recent dislocation and confusion in the international business community (caused in part by the collapse of the British investment firm Barings) were related to the uncompromising pursuit of profit and the belief that "good fortune" is a major determinant of success. In South Africa's case, this pursuit had, in the past, made business a comfortable handmaid of the apartheid system.

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