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News & Updates
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 IssuesSource: 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 occurredSource: 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 firstSource: 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 GameSource: 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 EthicsSource: 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...
February 24, 2011 Business Ethics Get CodifiedSource: 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 evasionSource: 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 goSource: 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 SanterSource: 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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