# In an op-ed, Prof. Ingo Walter discusses the role corporate culture plays in the missteps of bankers

1 Faculty News November 22, 2013 ![](/sites/default/files/styles/246w/public/assets/images/con_036825.gif?itok=Nq4akC9D)>

Excerpt from [American Banker](http://www.americanbanker.com/bankthink/how-to-prevent-bad-bankers-from-ruining-your-corporate-culture-1063849-1.html) -- "No doubt the vast majority of bankers meet the implied fitness and properness requisites. But more than a few evidently do not. Taken together, the record suggests there's a significant subgroup that is attracted to the banking industry as a unique fast-track route to exceptional income and wealth, one that is rarely open to peers in engineering, medicine and (except for a infinitesimally small cohort) science and technology. Unlike these high-performance professions, some parts of banking have enabled large and immediate personal rewards that effectively derive from wealth-redistribution rather than wealth-creation."

[Read more](http://www.americanbanker.com/bankthink/how-to-prevent-bad-bankers-from-ruining-your-corporate-culture-1063849-1.html)