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May 5, 2016 By Richard Bowen

Celebrating Ethics … A Way of Life

Bowen Graphic for GDBEA Award

The Greater Dallas Business Ethics Award has just announced its 2016 award honorees:

  • Imprimis Group
  • Lone Star Analysis
  • Staffelbach
  • UR Holdings
DFW Rawlings 009
Dallas Mayor Mike Rawlings. Image source: Dallas City Hall

These awards will be presented at a very public recognition event which many of Dallas’ finest companies will be part of. I’m delighted to be the keynote speaker for this May 17th event. And, I’m especially honored as last year’s event speaker was Dallas Mayor Mike Rawlings.

The Greater Dallas Business Ethics Award honors Dallas based companies that clearly demonstrate a “measurable commitment to ethical business practices in everyday operations, management philosophies and responses to crisis or challenges.” As Michael Webb, chairman of the award program says, “These companies are great examples of ethics at work. They exemplify businesses operating under ethical principles and doing the right thing for their company and related stakeholders. Their work reinforces the positive, ethical values of our local business community.”

This Dallas program seeks out those companies which make it a point to operate under ethical principles. A panel of judges, from academia, business and previous award winners review the company’s ethical policies, programming and practices. Students from the Posey Leadership Institute at Austin College conduct site visits and interviews for each award submission. A Better Business Bureau Review and qualifying rating of B+ and above is also part of the requirement.

The award program has also produced nine previous winners of the national American Business Ethics Award Program (ABEA); more honorees than any other affiliated program in the United States. The Greater Dallas Business Ethics Awards program partners with the Cary M. Maguire Center for Ethics and Public Responsibility at SMU, the Financial Planning Association of Dallas/ Ft. Worth, the North Texas Ethics Association and Success North Dallas, among others. Read the full story here. The event is open to the public and tickets/tables are available at gdbea.org.

This year one of the award honorees will also receive the inaugural Cary M. Maguire “Spirit of Ethics” award, a new level of recognition to a company that demonstrates and champions above-and-beyond ethical practices.

It is gratifying to be included as part of this ceremony. As I’ve repeatedly said, too many companies pay lip service to ethical policies and procedures, yet the actual practice of ethics goes by the wayside.

Ethics is not a one-time thing, it is a way of life, a way of doing business and serving the community that is a very part of the pillars of a company. Ethics is a daily practice, and all time thing, and to publicly honor the companies that embody its working principles sends a very clear message.

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Richard Bowen is widely known as the Citigroup whistleblower. As Business Chief Underwriter for Citigroup during the housing bubble financial crisis meltdown, he repeatedly warned Citi executive management and the board about fraudulent behavior within the organization. The company certified poor mortgages as quality mortgages and sold them to Fannie Mae, Freddie Mac and other investors.

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What People Are Saying About Richard M. Bowen

William D. Cohan"Richard Bowen is one of my heroes. His is a story of human fortitude at its best and Wall Street at its worst."

~ William D. Cohan, NY Times Best Selling Author
2017-06-30T10:08:59-05:00
"Richard Bowen is one of my heroes. His is a story of human fortitude at its best and Wall Street at its worst." ~ William D. Cohan, NY Times Best Selling Author
https://richardmbowen.com/testimonials/2556/

Eileen McDonnell"Richard Bowen reinforced my motto that "there is no right way to do a wrong thing.” Long after his presentation, the conversation has continued about personal responsibility and the courage to challenge things that appear to be wrong. We encourage this dialog and rely on it to help make our business stronger."

~ Eileen McDonnell, Chairman, CEO, & President, Penn Mutual
2015-02-13T19:51:19-06:00
"Richard Bowen reinforced my motto that "there is no right way to do a wrong thing.” Long after his presentation, the conversation has continued about personal responsibility and the courage to challenge things that appear to be wrong. We encourage this dialog and rely on it to help make our business stronger." ~ Eileen McDonnell, Chairman, CEO, & President, Penn Mutual
https://richardmbowen.com/testimonials/711/

Ben Stein"Richard Bowen, you are a star and a hero."

~ Ben Stein, Economist and Political Commentator
2015-02-13T19:50:26-06:00
"Richard Bowen, you are a star and a hero." ~ Ben Stein, Economist and Political Commentator
https://richardmbowen.com/testimonials/712/

Jim Farrell"Richard's speech at the April Financial Executives International dinner was informative, interesting, riveting, and fast moving.  The feedback from members was overwhelming positive, and Richard received one of the few standing ovations given by our membership."

~ Jim Farrell, Program Chairman, Dallas Chapter, Financial Executives International
2014-12-28T19:48:17-06:00
"Richard's speech at the April Financial Executives International dinner was informative, interesting, riveting, and fast moving.  The feedback from members was overwhelming positive, and Richard received one of the few standing ovations given by our membership." ~ Jim Farrell, Program Chairman, Dallas Chapter, Financial Executives International
https://richardmbowen.com/testimonials/532/

Dennis McCuistion"Richard Bowen has been there, done that, and has the scars to prove it, and his message of corruption at the highest levels of industry and government needs to be heard. I only wish that more bankers had the courage that Bowen exhibits. He is not only one of the most talented bankers I have ever met, he has more integrity than all the bankers on Wall Street put together. If his former employer had listened to him taxpayers would not have had to bail out Citi for the third time in the last 30 years."

~ Dennis McCuistion, Host of the McCuistion TV program
2014-12-28T19:48:06-06:00
"Richard Bowen has been there, done that, and has the scars to prove it, and his message of corruption at the highest levels of industry and government needs to be heard. I only wish that more bankers had the courage that Bowen exhibits. He is not only one of the most talented bankers I have ever met, he has more integrity than all the bankers on Wall Street put together. If his former employer had listened to him taxpayers would not have had to bail out Citi for the third time in the last 30 years." ~ Dennis McCuistion, Host of the McCuistion TV program
https://richardmbowen.com/testimonials/533/

Betty Garrett"Richard Bowen is a dynamic, entertaining speaker and story-teller - a CPA with a great personality!"

~ Betty Garrett, Garrett Speakers International
2014-12-28T19:47:50-06:00
"Richard Bowen is a dynamic, entertaining speaker and story-teller - a CPA with a great personality!" ~ Betty Garrett, Garrett Speakers International
https://richardmbowen.com/testimonials/531/

fred-timmons"I believe Richard Bowen is the only keynote speaker to ever receive a standing ovation from the Texas Society of CPA’s at any of its annual conferences."

~ Fred Timmons, Chairman of The Texas Society of CPA's
2014-12-28T19:47:22-06:00
"I believe Richard Bowen is the only keynote speaker to ever receive a standing ovation from the Texas Society of CPA’s at any of its annual conferences." ~ Fred Timmons, Chairman of The Texas Society of CPA's
https://richardmbowen.com/testimonials/530/

Presentation Topics

Playing for High Stakes: The Principles and Practice of Ethical Leadership

Dark Citi: The Story of a Whistleblower

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Now an ethical leadership speaker, Richard Bowen was Citigroup's Business Chief Underwriter during the housing bubble.

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