Is the American Dream becoming an American Nightmare? Recently I wrote about the 2019 Corruption Perceptions Index published annually since 1995 by Transparency International, which ranks countries “by their perceived levels of corruption, as determined by ‘expert assessments’ and opinion surveys.” This year’s study highlighted the relationship between politics, money and corruption. The disturbing news is that the United… [Read More]
It’s a New Year With Hope for the Large Banks! (?)
It’s a brand new year! And, this means new beginnings and hope for us all personally and perhaps for the direction our country is moving towards. After all, a new year and new beginnings does signify hope so being optimistic is a good thing, isn’t it? I was feeling hopeful the financial services industry was… [Read More]
What Would You Do?
The room filled with almost 300 bankers plus was very quiet. The 60 Minute interview with Steve Kroft, which told about what I had experienced at Citi, had just finished playing. There was a collective sigh when the clip stopped and I asked, “What would you do?,” if you had experienced widespread fraud, corruption and… [Read More]