Recent Business Commentaries

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Stumpf-ed
Watching the news last week, I was jolted out of my seat by Connecticut Senator Elizabeth Warren’s withering condemnation of Wells Fargo CEO John Stumpf. As reported in the Boston Herald (Sept. 21), “ ‘You should resign,’ Warren told … Stumpf… during a Senate Banking Committee hearing yesterday. ‘You should give back the money you took while this scam was...
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October 5, 2016
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The Ethical Take: Odds and Ends
Before leaving on summer recess at the end of the month, here is an assortment to read and ponder. Ginsburg Guff – Justice Ruth Bader Ginsburg had the temerity to exercise her First Amendment right of free speech by calling out Donald Trump as a “Faker.” As The New York Times reported (July 10), “I can’t imagine what this place...
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July 22, 2016
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Mr. Lucky
Countrywide was one of the greatest companies in the history of this country and probably made more difference to society, to the integrity of our society, than any company in the history of America.  – Angelo Mozilo, co-founder and CEO, Countrywide Mortgage Last Friday (June 24), The New York Times reported that “the Justice Department told Mr. Mozilo, the former...
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June 29, 2016
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Whose Religious Freedom is Threatened?
Ever since the Supreme Court ruled in favor of same-sex marriage last June, several states have proposed legislation that would “protect” religious freedom. Legislators claim that opponents of same-sex marriage who own a business need a law that protects their right – based on their religious beliefs – to refuse service to gay couples. On Wednesday, the Missouri State Senate...
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March 11, 2016
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Running on Empty
Ladies and gentlemen, gracious readers of this website, I have the distinct pleasure to announce that the most forthright, magnanimous, trustworthy, humble, most noble… …Oh, hell, I can’t do it. I’m sorry, Donald, I’m returning your check. I just can’t vouch for your character. In case you’ve been cocooned from radio, TV, the internet, social media, or social friends for...
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June 19, 2015
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Deflategate Redux
Since the ignominy of Richard Nixon’s attempt to bug Democratic headquarters at the Watergate hotel in 1972, the media likes to christen any high-profile scandal with the suffix “gate.” The simple fact is that the deflation of footballs can’t compare to the pervasive illegality of President Nixon’s actions that led to his resignation. Nevertheless, Steve Ambra’s ethics class was tasked...
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June 17, 2015
Featured image for “Who is Wendell Potter and Why Should We Believe What He’s Says About Our Health Care System?”
Who is Wendell Potter and Why Should We Believe What He’s Says About Our Health Care System?
Which of the following statements is true? “Health insurance is one of the biggest rackets in America today.” “Health Insurance is a legalized version of the mafia?” Answer: Both. The first statement comes from a hospital administrator I used to know. The second comes from my own internist. Health care has become so politicized that it is virtually impossible for...
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June 3, 2015
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How Safe is Your Data?
On January 5th, I opened The New York Times and read the following: “In mid-December, a posting appeared on the Internet site Pastebin offering six million account records, including passwords and login data for clients of Morgan Stanley. “Two weeks later, a new posting on the information-sharing site offered a teaser of actual records from 1,200 accounts, and provided a...
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March 30, 2015
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The Monopoly Lie
A favorite childhood memory of mine is sitting around the dining table – mom, pop, brother and me – rolling the dice and hoping to make my fortune by buying and building on several properties. Ah, yes, we all enjoyed a good time with The Landlord’s Game. The what? In a new book, out last month, entitled The Monopolists: Obsession,...
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March 9, 2015
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The Sony Decision
After Sony’s announcement that they would pull the Seth Rogen-James Franco comedy “The Interview” before a planned Christmas day release there has been no shortage of reactions, mostly one sided: Actor Steve Carell: Sad day for creative expression. Director Judd Apatow: I think it is disgraceful that these theaters are not showing The Interview. Will they pull any movie that...
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December 19, 2014

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