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Commentary & Opinion
February 8, 2013 Railroads: The Octopus & Captive Shippers Yesterday & TodaySource: Peter D. Kinder
Few books read once in adolescence made as permanent an impression on me as Frank Norris’s novel, The Octopus: A Story of California (1901). Wheat farmers squeezed into financial ruin by a railroad’s ability to extract monopoly...
February 8, 2013 In Actions, S.&P. Risked Andersen’s FateSource: Floyd Norris, NY Times
They were the gatekeepers, with a clear conflict of interest — the people they were supposed to check up on were also the ones who hired and paid them. The need to protect their reputation was supposed to assure that the conflict...
February 5, 2013 Fresh Questions Over a Bank of America SettlementSource: Gretchen Morgenson, NY Times
Bank of America has long rued its decision in 2008 to acquire Countrywide Financial, the subprime mortgage giant. To date, the bank has set aside some $40 billion to settle claims of mortgage misconduct that occurred before it...
January 31, 2013 Five Seeds To Sprout a Successful Business EthicsSource: Forbes
Liz Neumark, who gave the Keynote at the recent WEF 3 I attended, a festival for Women Women Entrepreneurs held at NYU in New York, grew her successful catering business on five key ideas which she shared with us. Liz started the...
January 22, 2013 The Foreclosure FiascoSource: Joe Nocera, NY Times
It’s been five days since Jessica Silver-Greenberg’s article on the latest bank settlement was posted on The New York Times’s Web site. I’m still shaking my head. Her “story behind the story” of the $8.5 billion settlement...
January 18, 2013 Dell’s Ups and Downs With OptionsSource: Floyd Norris, NY Times
It was an amazing American success story, in which a college student in his dorm room created what became one of the largest computer companies in the world. In the 1990s, its share price tripled in each of three consecutive...
January 8, 2013 The role of HR in business ethics and valuesSource: Oman Daily Observer
Our parents used to teach us some rules to live by: “Don’t steal, don’t lie, don’t hurt others, respect etc. In our personal lives most people still follow these rules. In business the rules should not be of a different. Those...
January 7, 2013 Surprise, Surprise: The Banks WinSource: Gretchen Morgenson, NY Times
IF you were hoping that things might be different in 2013 — you know, that bankers would be held responsible for bad behavior or that the government might actually assist troubled homeowners — you can forget it. A settlement...
December 21, 2012 Newtown Tragedy Forces Hard QuestionsSource: Larry Checco, featured commentator
Five days after the horrific Newtown, Connecticut school shootings, I happened to learn that someone I hadn’t spoken to in nearly 25 years lives there. I always liked Jim (not his real name) and innocently decided this might be...
December 20, 2012 Business Ethics 101Source: Rapaport Magazine
Sometimes it’s hard to tell right from wrong. And sometimes it’s not. Some people don’t want us to tell right from wrong. They prefer that the diamond industry avoid ethical issues and concentrate on “business only.” Often this...
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