Are banks fulfulling their moral role?

There is growing concern that Venezuela’s banks are ignoring theirprivate credit portfolios and relying instead on government paper, saysMike Ceaser.What happens when a nation’s banking system loses all of its customersexcept one? When that nation is Venezuela, and the customer is thegovernment, the banks thrive. But the morals of this tactic and itseffect on the nation’s economy are being questioned.“Not having access to international markets, which had a very high cost, the state turned to the internal market”