Perfectly Legal, But Wrong

When “perfectly legal” is a lame excuse for doing the wrong thing

Business Ethics

Revolving Doors and Serious Bank Failures

Revolving Doors and Serious Bank Failures

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...

CYA:  Cover Your Assets, Corporations!

CYA: Cover Your Assets, Corporations!

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 legal system, with its many “loopholes,” can create oodles of un-accountability, especially when high-powered lawyers enter the picture.   And they surely have.

Vultures and Zombie Debts

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...