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Commentary & Opinion
True, the agency bungled its scrutiny of conservative political groups seeking tax-exemptions. But should it even be deciding which political organizations should get favored tax treatment and which should not? Why is a tax...
Writing recently about developing a code of conduct or code of ethics, as it is sometimes called, I was struck by the importance of an organization having a code to guide employee behavior.
April 18, 2013 Make business ethics less boringSource: Reuters
Business ethics is too bland. That thought crossed my mind during a quite good speech on the topic by Vincent Nichols last week at St Paul’s Cathedral in London.
March 21, 2013 The Price of Evil at JPMorgan ChaseSource: Huff Post
$16 billion. - That's how much JPMorgan Chase has paid in fines, settlements and other litigation expenses in the last four years alone. More than half of that amount, $8.5 billion, was paid out in fines and settlements as the...
March 21, 2013 Our Institutions Need to be ReformedSource: Larry Checco, featured commentator
Question: What’s the core problem with these United States of America? Answer: Our institutions are failing us—miserably! And the problem is systemic.
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...
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