Principles of Living · Bookplate

Ferdinand Pecora

@ferdinand-pecora

“Ferdinand Pecora was an American lawyer and banker best known as chief counsel to the U.S. Senate committee that investigated Wall Street after the 1929 stock market crash. His hearings exposed major abuses in the banking and securities industries and helped drive New Deal financial reforms.”

Principles

939

Upvotes received

365

Borrowed by others

The manifesto · 13 principles

View public service as a serious responsibility to protect citizens from abuse.
Support strong regulation when markets fail to police themselves.
Prefer concrete evidence and documentation over rumor, spin, or reputation.
Make justice equal for ordinary people and elites alike.
Stand firm under pressure from wealth, status, and political influence.
Believe that trust in banking and securities depends on strict ethical standards and oversight.
Treat financial markets as serving the broader economy and the public, not as a playground for insiders.
Expose conflicts of interest, self-dealing, and hidden manipulation wherever they appear.
Investigate facts relentlessly before drawing conclusions or making accusations.
Use the law as a tool for reform, not just for protecting privilege.
Hold powerful institutions accountable, no matter how influential or well connected they are.
Demand honesty, transparency, and full disclosure in business dealings.
Put the public interest above private gain, especially in finance and law.