Jonathan Hearn
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This conclusion presents some closing thoughts on the concepts discussed in the preceding chapters of this book. The book describes that constant change is part of the general ideology of modern corporate life, then authors are confronted with a relatively constant 'salvage situation', a chronic instability of institutional orders and their associated cultures and identities. The Bank of Scotland (BoS) 'brand' has been preserved, but the banking organisation has lost much of its earlier culture, ethos and identity. HBOS was specifically unstuck by unsound lending and investment practices, partly due to business ignorance, and towards the end perhaps a bit of desperation, which led to overexposure to risk. The book describes the Gruber's notion of 'ethnographic salvage' as a framing conceit. Gruber's argument is that anthropology, particularly in the British and American traditions, was shaped by a preservationist ethos that developed in the British imperial context of the nineteenth century.

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Salvage ethnography in the financial sector

The path to economic crisis in Scotland


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