Is Investment Banking Immoral?

<p>I have a friend who is an Investment Banker in public finance. What he does, and this is his niche, is help Public Cahrter Schools obtain financing so that they can build their own school buildings and get themselves out of strip malls, etc. I’m sure he is compensated pretty well but he does help a hardworking community get a more stable foothold via owning their own digs from which they can grow and continue to educate kids. So there are some IBs that help people, you just don’t hear about them because they’re working quietly and don’t make headlines. His kids are at Wake Forest and Furman so he’s clearly not poor.</p>