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News & Updates

May 18, 2012 Sorry saga of Best Buy is brimming with lessons to be learned

Source: Minn Post

Best Buy Chairman Richard Schulze was invited to speak at the University of St. Thomas in February on "how to build an ethical culture in an entrepreneurial company." We learned this week that Schulze stumbled badly when he tried...

May 18, 2012 US, UK faith-based agencies aim to halt trafficking at London Olympics

Source: Catholic Free Press

WASHINGTON (CNS) — More than three dozen U.S. and British faith-based investment firms have banded together to get the Summer Olympics’ major sponsors and tourist hotels to sign a pledge saying they will work to stop human...

May 17, 2012 Are Americans finally striking back at ethically challenged CEOs?

Source: Edmonton Journal

Yahoo CEO Scott Thompson lasted just four months before revelations of resume padding forced him to resign over the weekend. Best Buy Chairman and founder Richard Schulze exited Monday after directors determined he used poor...

May 16, 2012 Chevron Shareholders Ask SEC To Investigate Company Disclosures On $18B Ecuador Judgment

Source: InternationalBusiness Times

A group of Chevron Corp. shareholders is asking the Securities and Exchange Commission to investigate claims the oil major is not fully disclosing the effects of a multi-billion dollar environmental case in Ecuador on the company...

May 16, 2012 Speaking of Fraud

Source: CFO.com

Corporate hotlines buzzed with a record-high percentage of fraud-related tips during the most recent quarter, according to a March report

May 15, 2012 CEOs stumble over ethics violations, mismanagement

Source: USA Today

Most corporate executives aren't on the endangered species list and probably never will be. But increasingly, their personal and professional decisions are placing them in the cross hairs of angry shareholders, opportunistic...

May 15, 2012 Murdoch insider Rebekah Brooks charged in phone hacking investigation

Source: CNN

British prosecutors said Tuesday they would charge Rebekah Brooks with trying to obstruct a police investigation into phone hacking at newspapers owned by Rupert Murdoch.

May 14, 2012 3 JPMorgan Chase execs may depart as CEO Jamie Dimon acknowledges ‘terrible, egregious mistake’ on trading

Source: Washington Post

JPMorgan Chase chief executive Jamie Dimon acknowledged Sunday that the bank “made a terrible, egregious mistake” by dismissing concerns about a $2 billion trading loss it disclosed last week.

May 14, 2012 Chesapeake’s CEO, Aubrey McClendon, earned $108 million from well sales

Source: WTVR/CNN Money

NEW YORK (CNNMoney) – Chesapeake Energy CEO Aubrey McClendon has personally earned over $100 million from sales of the company’s drilling wells as part of a controversial compensation arrangement, the firm revealed Friday

May 14, 2012 What Yahoo CEO's false bio tell us about resume fraudBy Melinda Blackman, Special to CNN

Source: CNN

The vetting process and the subsequent hiring of Yahoo CEO Scott Thompson seemed like standard procedure. But in recent days he has come under fire for the controversy surrounding his academic credentials

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