In an afternoon press conference, the Securities and Exchange Commission announced that former Countrywide CEO Angelo Mozilo has been charged with fraud. The Washington Post reports that “from 2005 to 2007, the SEC alleged, Countrywide dramatically loosened its standards even though these executives were warned that the company would have trouble selling loans into the market. Countrywide was required to...

“I’ll take ‘Political Conundrums’ for $600, Alex? “Minnesota’s second Senator takes his seat in the Senate.” …?…?…?… After months of recounts and appeals the contest between Republican incumbent Norm Coleman and Democratic challenger Al Franken could be resolved within weeks… maybe. “Mr. Coleman,” the New York Times reports, “is challenging the rulings of a state recount board and a lower...

On Monday, February 10, 2009, Alex Rodriquez’s life changed forever. The highest-paid player in baseball, called the greatest player in the modern game, also called Mr. Clean by some, because he was never directly tied to drug use, finally came clean (after reporter Selena Roberts broke the news in Sports Illustrated) when he admitted to using performance-enhancing drugs and lying about...

A recent conversation about the bonuses paid to some employees at AIG like Jack DeSantis, led to this question:  ‘Don’t you believe in honoring contracts?” In fact, I do believe in honoring commitments and obligations.  However, when a multi-billion dollar company like AIG runs into multi-billion dollar debt, asks for and then receives $182.5 billion in financial support from the federal...

According to today’s Wall Street Journal, in 2008, “Shellee Hale of Bellevue, Wash., posted in several online forums about a hacker attack on a company that makes software used to track sales for adult-entertainment Web sites. She claimed that personal information of the sites’ customers was compromised. “About three months later,” the Journal wrote, “the software company — which contends that no consumer...

In May 2000, I wrote an Op-Ed for the New York Times (Excuses are not Ethics) about basketball coach Bobby Knight’s infamous throat-grabbing of one of his own Indiana players. After the incident, University President Myles Brand said, “I had never seen him before contrite and apologetic… I think the ethical approach is to give him one last chance.” That “last chance” lasted...

A weekend conversation with a friend prompted the following: “Why be ethical?  What’s the payoff?” The standard fall-back:  “Virtue is its own reward.” Another might be the adage by Louis Armstrong when asked the definition of Jazz: “If you have to ask… you’ll never know.” The reality is that most of us face issues that challenge our ethical integrity on a regular basis.   » Read...

Occasionally, someone will ask, “Why do you use stories to give us the message?  Why not cut to the chase and just give us the message?” Stan Williams’s excellent book, The Moral Premise: Harnessing Virtue and Vice for Box-Office Success was written with that question in mind.  Here’s an edited version of a question about that issue and Stan’s response from his blog.  » Read...

“Some people hope for a miracle cure Some people just accept the world as it is But I’m not willing to lay down and die Because I am an innocent man…”             – Billy Joel, “Innocent Man,” 1983 Considering the “cure” that happened last week when a federal judge dismissed the ethics conviction against former Senator Ted Stevens,  » Read more about: An...

On page A-18 of Thursday’s (April 9) print edition of the New York Times, three of the four stories on that page were about ethics: “New Scrutiny of Other Alaska Corruption Cases” “Director of Ethics Office Is Replaced at Justice Department” “Congressional Ethics Office Opens Inquiry into Rep. Jackson”         I typed “ethics” into The Washington Post search engine and...