http://www.thebusinessethicsblog.com Business ethics, litigation risk management, apologies Thu, 17 May 2012 19:17:33 +0000 http://backend.userland.com/rss092 en As the story at JPMorgan Chase continues to unfold, I'm increasingly struck by how badly the bank's sophisticated investment gurus seem to have underestimated the risks associated with their losing trades. $2 billion is a sizeable chunk of change even in the investment world, and one has to go ... http://www.thebusinessethicsblog.com/maybe-wall-street-needs-actuaries Like everyone else who writes about business ethics, I've been following the developing tale of the latest Wall Street bank scandal, this time at JPMorgan Chase. Earlier today, JPMorgan's CEO, Jamie Dimon, barely survived an effort by shareholders to push him out of office. Seems the shareholders are ... http://www.thebusinessethicsblog.com/will-wall-street-ever-learn This may the be post that permanently alienates my more conservative readers, but I can't let this go. The Washington Post reported Thursday that, while in prep school, presumptive Presidential nominee Mitt Romney was offended by the appearance of a younger boy whom the Post described as "a soft-spoken ... http://www.thebusinessethicsblog.com/mitt-romney-is-unfit-to-be-president For those of us who think and write about business ethics, Wal-Mart can be an absolute godsend. Most companies behave pretty well most of the time, leaving commentators with precious little to say. Wal-Mart, on the other hand, can be counted upon to provide plenty of material for ... http://www.thebusinessethicsblog.com/shouldnt-wal-marts-behavior-affect-its-stock-price Yesterday was Earth Day and, in its honor, let's talk about plastic. My family spent a week in Orlando earlier this month, riding roller coasters, hanging out at the hotel pool and, on one occasion, going to the movies. Instead of indulging in yet another restaurant dinner, we ... http://www.thebusinessethicsblog.com/we-must-recycle-plastic Citigroup stockholders made headlines this week when they voted down the Board of Directors' proposal to award CEO Vikram Pandit a compensation package totalling a cool $15 million. The vote came under the "say on pay" provision of the newly-enacted Dodd-Frank Act, which requires publicly traded companies to allow ... http://www.thebusinessethicsblog.com/how-much-money-do-ceos-really-deserve Today's AOL Daily Finance features an article titled, "3 Big Lies Food Companies Are Feeding You." At first I was surprised to see it, because the law prohibits food companies from actively misrepresenting the contents of their products. Upon reading the story, however, it became clear that the ... http://www.thebusinessethicsblog.com/do-you-know-whats-in-your-dinner For the past few weeks, I've dedicated my Friday posts to examining questions of social ethics. The questions of why we do the things we do, favor some people over others, and tolerate (or even encourage) some kinds of inequities strike me as more vital than ever at a ... http://www.thebusinessethicsblog.com/please-check-out-project-forgive Yesterday, the Justice Department filed a civil antitrust suit against computer giant Apple and five major publishers (Hachette, HarperCollins, Macmillan, Penguin, and Simon & Schuster), accusing the defendants of artificially inflating the prices of e-books. According to news reports, Hachette, HarperCollins and Simon & Schuster have already settled the ... http://www.thebusinessethicsblog.com/how-much-should-an-e-book-cost As events surrounding the shooting of Trayvon Martin continue to unfold, I become increasingly concerned about how news reports may distort the outcome. By law, George Zimmerman, the man who reportedy shot Trayvon Martin, is innocent until proven guilty. He hasn't even been indicted yet. Unfortunately, hard ... http://www.thebusinessethicsblog.com/the-press-shouldnt-try-george-zimmerman-but-it-should-address-racial-inequities