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The rich get richer
Filed in archive Ethics by leon on March 8, 2010
Where did all the money in the US go? According to the Economic Policy Institute in Washington DC, pre-tax income for the 400 richest American households grew by an eye-popping 409% from 1992 to 20...
Scanners and civil liberties
Filed in archive Ethics by leon on March 7, 2010
On Friday, the Department of Homeland Security announced the acceleration of the body scanner program with full body scanners to start operating at 11 United States airports including LAX and Bosto...
Greek corruption and the crisis
Filed in archive Ethics by leon on March 4, 2010
With Bloomberg telling us that Greece is now under pressure to sell of some of its islands in order to repay its debt, Transparency International has come out with a warning and in effect suggestin...
Contractors in Haiti
Filed in archive Ethics by leon on February 23, 2010
We are now getting some alarming reports about the use of contractors in Haiti. According to this report, the International Peace Operations Association (IPOA) is helping send in contractors to Hai...
Tiger Woods, Toyota and the apology technique
Filed in archive Ethics by leon on February 21, 2010
What does Tiger Woods have in common with Toyota?It's a question that come up in Tiger Woods apology statement. For those who haven't seen it, you can check it here: Los Angeles Tim...
The American way: socialism for the rich
Filed in archive Ethics by leon on February 19, 2010
The truly alarming part about the bank bailouts in the United States was the way it redistributed wealth to the bank shareholders and executives. It was a case of socializing losses and privatizing...
Boom time for lobbyists in recession
Filed in archive Ethics by leon on February 13, 2010
More evidence that the US government is in the pocket of the big corporations.The US economy is in dire straits as corporations cut spending and jobs. Unemployment is not going down, and banks aren...
Queen and Pope fight credit crunch
Filed in archive Ethics by leon on February 11, 2010
In times of crisis, people turn to the only authority figures left. And who would that be? Well, with the European economy teetering on the edge of catastrophe and the United States economic recove...
Geting stuck into Bono
Filed in archive Ethics by leon on February 4, 2010
Criticisms of Bono are fairly common. He is self-centered, self-righteous and preachy. Indeed, he's probably the most painful interview subject I've ever had to deal with. But now it seems ...
Pepsi, Bill Gates and CSR
Filed in archive Ethics by leon on February 2, 2010
The financial crisis might be creating a mind shift in business. Some companies seem to realize that the way to customers' hearts might lie in building connections with society.First out of the...
Trust, banks and Davos
Filed in archive Ethics by leon on February 1, 2010
Another year passes and the powers that be meet in Davos. Lots of talk and as always, little result.The New York Times tells us that the meeting showed the financial crisis had eroded trust. Few tr...
Income inequality kills
Filed in archive Ethics by leon on January 30, 2010
The gap between rich and poor in the United States is widening with the recession and ultimately, that will create irreparable damage to society, according to researchers. What's clear now is t...
Did Apple rip off the iPad name and design?
Filed in archive Ethics by leon on January 29, 2010
Just one day after launching the iPad, critics are claiming Apple stole the design and name.Wired blogger Brian Chen says the iBooks e-reader app on the IPad device was ripped off from an existing ...
One in five Americans report hunger
Filed in archive Ethics by leon on January 29, 2010
Towards the end of last year, I did a blog entry looking at how one in four American children was on food stamps. Extraordinary to think that this is happening in the richest country in the world.N...
Goldman Sachs calls in the sniffer dogs
Filed in archive Ethics by leon on January 23, 2010
Relations between the banks, the US Government and the public are now in new and dangerous territory with the New York Post reporting that Goldman Sachs used police barricades and called in bomb-sn...
Corruption fuels Taliban support
Filed in archive Ethics by leon on January 20, 2010
President Barack Obama says the US withdrawal from Afghanistan could begin as early as July 2011, provided the Afghanistan security forces are ready, but you can bet the rest of the country won'...
Sorry is the hardest word for bankers
Filed in archive Ethics by leon on January 19, 2010
Wall Street just doesn't get it. Earlier this month, Obama flagged levying a new tax on financial institutions' transactions, something that would have to be applauded given the crippling s...
Financial crisis and moral bankruptcy
Filed in archive Ethics by leon on January 18, 2010
Wall Street banks and securities firms are set for record levels of bonuses at $145 billion after creating the financial meltdown, the worst financial crisis since the Great Depression where trilli...
How Haiti has changed the world
Filed in archive Ethics by leon on January 18, 2010
History is in the making. The earthquake's devastation in Haiti has unleashed unprecedented levels of corporate philanthropy and resulted in technology used in ways we have never seen before. T...
Economics courses create greed
Filed in archive Ethics by leon on January 17, 2010
Researchers have found that people who study economics are greedier than others.Greed is typically viewed as negative and reprehensible but the reality is it's been around forever. And why are ...
A new market for cadavers?
Filed in archive Ethics by leon on January 13, 2010
The market for cadavers is likely to result in stiff competition. According to this report, medical schools are now facing a shortage of cadavers which creates a problem training doctors. Not to me...
The ethics of offshoring
Filed in archive Ethics by leon on January 9, 2010
Much has been written about offshoring. It's a trend that's here to stay as more companies seek to contain costs and stick to their knitting. But what are the ethics of offshoring? What sor...
Facebook and privacy: why bother?
Filed in archive Ethics by leon on January 9, 2010
Much has been made of Facebook's privacy changes with the Electronic Privacy Information Center, key privacy group, even filing a complaint with the Federal Trade Commission.The thing that anno...
Should managers take an oath?
Filed in archive Ethics by leon on January 7, 2010
Early last year, I did a blog entry on a business school to professionalize management by getting managers to take the equivalent of an Hippocratic oath. The thinking is that this would prevent the...
Breaking the glass ceiling
Filed in archive Ethics by leon on January 5, 2010
Female hedge fund managers outperform their male counterparts, according to new research published here.According to that study, female hedge fund managers achieved a 9% return compared with a 6% r...
Power and hypocrisy
Filed in archive Ethics by leon on January 1, 2010
Lord Acton's observation about the way power corrupts has been so apt during the meltdown.Consider the case for example of those hypocritical US bankers.The banks have continually rejected any ...
Afghanistan bribery racket
Filed in archive Ethics by leon on December 26, 2009
With president Obama escalating the war in Afghanistan, forcing US taxpayers to cough up fresh billions to enable the Pentagon to chase down a few hundred Taliban fighters, and a captured US soldie...
Corrupt bank bailouts
Filed in archive Ethics by leon on December 22, 2009
One of the reasons the bailouts of US banks were so insidious was that they were politically tainted. They weren't bailouts, they were paybacks.It's no secret that Goldman Sachs, Citigroup,...
Google. tax and transparency
Filed in archive Ethics by leon on December 21, 2009
Google's mantra is to "do no evil" but a look beneath the surface shows that things are not all that clean.The Daily Mail reports that Google avoided paying £450 million ($US727 milli...
Judges, lawyers and Facebook friends
Filed in archive Ethics by leon on December 13, 2009
In one of weirder decisions that's come down, the New York Times reports that judges and lawyers in Florida can't be friends on Facebook.Florida's Judicial Ethics Advisory Committee has decided th...
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