Senator Mike Crapo (R-ID), Chairman of the Senate Banking Committee, spearheaded a major rollback of the 2010 Dodd-Frank Act: The Economic Growth, Regulatory Relief, and Consumer Protection Act. The Crapo Bill was a recent topic of hot debate which had passed in the Senate, has now passed unchanged in the House, and has morphed into the Bank Lobbyist… [Read More]
The 2018 Greater Dallas Business Ethics Award: More Than Expected!
The North Texas Ethics Association (NTEA) has honored more than 40 local companies with the Greater Dallas Business Ethics Award (GDBEA) since its beginning in 2000. As the website says of the award: “These companies exemplify how ethics can be consciously integrated throughout an entire business.” Indeed, past winners are our community’s luminaries. Two years… [Read More]
WLIW and WNET PBS Champion Playing By the Rules: Ethics At Work
Ethics is essentially doing the right thing regardless of other’s expectations. Doesn’t seem real complicated or difficult. You’d think that doing the right thing is something we would all instinctively do, yet given the magnitude of individuals and companies who so often do not “do the right thing,” teaching ethics, expecting ethical behaviors and applauding… [Read More]
The Fannie and Freddie Credit Merry-Go-Round
Remember the merry-go-round we rode when we were kids? You went round and round and tried to catch the prize, a brass ring. If you didn’t catch the brass ring – you wanted to get down but the merry-go-round kept going. Fannie and Freddie remind me of that merry-go-round as once again they appear to… [Read More]
The European Union Whistleblowing Legislation is a Game Changer
The European Commission (EC) is proposing a new law to strengthen whistleblower protection across the EU. The changes are mighty and may well set a precedent for the United States to follow. Věra Jourová, EC Commissioner for Justice, Consumers and Gender Equality explained: “The new whistleblowers’ protection rules will be a game changer. In the globalized world where… [Read More]
Starbucks’ $16 Million Mistake – A Painful & Expensive Lesson!
Recent headlines blasted “Starbucks to Close 8,000 U.S. Stores for Racial-Bias Training After Arrests.” Starbucks executives’ response to the recent arrests in a Philadelphia café are unprecedented. Starbucks is known as a strong company with a concern for its employees and a socially responsible agenda in its community. It has a reputation for excellent customer service…. [Read More]
How to Take Apart the Consumer Financial Protection Bureau!
Pryor to acting director Mick Mulvaney’s appointment to the Consumer Financial Protection Bureau, Mr. Mulvaney had called the CFPB a “sad, sick joke” and called for an overhaul of the agency, including curtailing its budget. Well, it looks as if Mr. Mulvaney is fulfilling his promises, even to demoting the “Consumer” in the Consumer Financial… [Read More]
What do Lehman Brothers, Enron, and Citigroup Have in Common?
What did WorldCom, Lehman Brothers, Bear Stearns, Washington Mutual, Enron, Tyco, HealthSouth, AIG, and many other well known companies have in common? In the last decade-and-a-half, we have seen some of the biggest accounting scandals in history. This last week, I had the privilege of speaking to the Texas Association of College and University Auditors,… [Read More]
Finally! There’s a Corporate Ethics Revolution Going On – PwC CEO Survey Results
In his 2018 letter which accompanied PricewaterhouseCoopers’ (PwC) 2018 CEO survey, Bob Moritz, the company’s international chairman recommended several thing’s CEO’s must do if they are to survive in this century. For the last 20 years, PwC has conducted an annual survey of 1293 CEO’s in 85 countries. • 40% of these companies had revenues of $1 billion… [Read More]
Do Financial Regulations Actually Work Or Are We Kidding Ourselves!?
In the last 10 years, the collapse of so many of our financial institutions and the subsequent bailouts prompted the passing of regulations that many hoped would cure further bank and corporate mishaps and prevent scandals and fraud. Yet did they? An article by three professors, Luzi Hail, PhD., the Wharton School, Ahmed Tahoun, PhD., … [Read More]
- « Previous Page
- 1
- …
- 12
- 13
- 14
- 15
- 16
- …
- 32
- Next Page »
