Anxiety prompts Wall St. purging

Anxiety prompts Wall St. purging. Corporate governance has taken the slash-and-burn approach to compliance and maintaining a high ethical bar. Sarah stated aptly the other day what so many are thinking (and, indeed, the media has been pounding into our heads over the past three years): organizations of this size can’t possibly contain every ethical oversight. This isn’t news, especially if you’ve read The Jungle or The Octopus lately. Organizations like the US Department of Antitrust and the Securities and Exchange Commission exist to prosecute corporate missteps, but in a political climate where Microsoft coasts through its own antitrust hearings, you’ve got to wonder how effective we’re really being at keeping white-collar crime in check.

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One Response to Anxiety prompts Wall St. purging

  1. russ says:

    Your reference to the media is interesting. Why would the massive corporations who own the media pipelines into America’s minds permit any other message?