Question

Why is being nosy a desirable trait for a banker?

Short answer

Being nosy is a desirable quality for a banker because it suggests the banker's wish to further determine the overall risk of a borrower beyond that of conventional standards

Step-by-step solution

Concept Introduction

A banker is one utilized occupied with accepting other people's cash in deposit, to be reimbursed on need, limiting other people's cash, and giving his own for flow.

Being nosy is a desirable quality for a Banker

Being nosy is a desirable quality for a banker because it suggests the banker's wish to further determine the overall risk of a borrower beyond that of conventional standards. The banker would improve his or her underwriting standards to decide if the borrower is truly creditworthy. This would decrease the likelihood of default from borrowers, which could have prevented the financial crisis that we are in now.

Final Answer

Being nosy is a desirable quality for a banker because it suggests the banker's wish to further determine the overall risk of a borrower beyond that of conventional standards.