By Don Mayer It’s fairly commonplace for CEOs of U.S. companies to move quickly into crisis management mode after a public relations disaster. Alan Shaw, CEO of Norfolk Southern, was in just such a mode after the February 2023 train derailment in East Palestine,...
Some myths die hard. Or, don’t die at all. One is the myth of the self-regulating market; rational bankers would not (surely not!) take such risks with their own and their depositors’ money that their institutions would be bankrupt (or need a government...
Ever since the financial crash of 2008, rents have risen significantly, and young home buyers have had great difficulty getting an affordable starter home. We all know that millions of homes were lost in the crash, and initially, the media was quick to blame people...
Okay, so you probably already know that “the legal system” is not always a “ justice system.” A real justice system would consistently ensure that that people are held accountable for harms they do to others. That goes for corporations, too. But our...
Do you know what a “zombie debt” is? Well, let’s say you have a debt, and it doesn’t get fully paid. It started out as $1565.39 years and years ago, and you paid it down some, but only until you lost your job and had unexpected medical expenses. The...
