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News & Updates

March 10, 2011 In Galleon Trial, a Case for Greed vs. a Picture of Diligence

Source: NY Times

Greed and corruption — that’s what this case is all about,” a federal prosecutor said on Wednesday at the trial of Raj Rajaratnam, the billionaire hedge fund manager accused of being at the center of a huge insider trading...

March 10, 2011 S.E.C. Chairwoman Under Fire Over Ethics Issues

Source: NY Times

The Securities and Exchange Commission took a beating two years ago for failing to detect Bernard L. Madoff’s multibillion-dollar Ponzi scheme during the decades that he ran it. Now, its chairwoman is coming under Congressional...

March 9, 2011 Duke CEO: Improper contact might have occurred

Source: AP

INDIANAPOLIS (AP) — Duke Energy Corp. Chairman James Rogers has alerted Indiana utility regulators to internal e-mails he says could be construed to suggest the company's fired Indiana president held improper talks with the...

March 7, 2011 When businesses put ethics first

Source: Omaha.com

To spread the word about how to deal with those issues, a group of Creighton University graduate students interviewed business owners who received the Better Business Bureau's 2010 Integrity Awards for Omaha.

March 3, 2011 With Dodd-Frank, the SEC Goes After Big Game

Source: BusinessWeek

The U.S. Securities and Exchange Commission on Mar. 1 sued Rajat K. Gupta for insider trading. It's the latest move in an evolving insider-trading crackdown that began with the late-2009 arrest of Raj Rajaratnam, the billionaire...

February 28, 2011 Ethisphere Announces Annual List of 100 Most Influential People in Business Ethics

Source: BusinessWire

NEW YORK--(BUSINESS WIRE)--The Ethisphere Institute, a company dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability, has...[more]

February 24, 2011 Business Ethics Get Codified

Source: The Moscow Times

Business ethics are improving in Russia, on paper at least. More local companies are emulating Western standards and adopting ethics codes to help them operate in a corrupt environment and create the appearance of...

February 24, 2011 US charges Swiss bankers for aiding tax evasion

Source: AFP

WASHINGTON — The US indicted four Credit Suisse bankers Wednesday on charges of helping US taxpayers hide money in secret Swiss accounts to avoid US taxes. The four bankers and unnamed co-conspirators were accused of offering US...

February 23, 2011 Why Alibaba's CEO had to go

Source: Fortune

Alibaba says the fraud perpetrated on its users is minor and immaterial, fiscally, to its investors. But top leaders still fell on their swords to save the company's reputation where it really counts.

February 17, 2011 SRI faces corruption hurdle, says former EC president Santer

Source: City Wire

The former president of the European Comission, Jacques Santer, said corruption and bribery remain rife among international companies operating in less developed markets and it is a serious obstacle for socially responsible...

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