Posts by StevieRay Hansen
JPMorgan’s Role in Nigerian Oil Deal Has Come Back to Haunt It
It’s important to realize that there is a difference between self-interest and selfishness. All people have self-interests which can operate in ways that are not selfish. For example, it is in our self-interest to get a job and earn an income so that we can support our family. We can do that in ways that…
Second ex Barclays banker convicted in London Euribor re-trial
It is the love of money, and not money itself, that is the problem. The love of money is a sin because it gets in the way of worshipping God. Jesus said it was very hard for rich people to enter the Kingdom of God. When the rich young ruler asked Jesus what he should…
Michael Avenatti fraud case shines a light on bankers, lawyers and money in Biloxi
Why is the love of money a root of all kinds of evil? To help us answer this, we must look at the passage in its greater context. Near the end of the letter (1 Timothy 6:2–10), Paul is exhorting Timothy regarding the need to “teach and urge these things” to his congregation, “these things”…
Wells Fargo is the smallest of the four giants that now dominate the U.S. commercial banking business
But it has surpassed its larger counterparts in the extent to which it has been embroiled in a series of scandals involving reckless lending practices and customer deception. Cheating is a selfish act that gives us an advantage over others who are facing the same challenge. As Christians, we should seek to help others fairly and justly…