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Commentary & Opinion

May 6, 2013 Did You Bring Your Business Ethics to Work Today?


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 boring

Source: 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 Chase

Source: 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 Reformed

Source: 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. [more]

February 8, 2013 Railroads: The Octopus & Captive Shippers Yesterday & Today

Source: 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...[more]

February 8, 2013 In Actions, S.&P. Risked Andersen’s Fate

Source: 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 Settlement

Source: 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 Ethics

Source: 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 Fiasco

Source: 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 Options

Source: 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...

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