One of my close friends was the newly hired CEO of a F200 company – a distributor of industrial products. Customers were king and the unwritten rules of the industry at that time were to say “yes” to customer requests for special handling, inspection, or packaging, even if it degraded product quality or violate the […]
Every once in awhile there is a revelation about big companies that makes my blood boil. This is one of them. If you discount what Wendell Potter of CIGNA says by half, you will still be upset at both the deception and power of the health insurance companies and the ignorance and lack of spine […]
David Leonhardt (NY TImes, today, the Looting of Americas Coffers) has it right. If you dont yet understand how overwhelming greed led bankers and investment bankers to build a house of cards, walk away with bonuses based on performance that would lead to billions of write-offs of their own companies and not care, you must […]
It is especially hard for the outrage of a Congress tainted by its aiding and abetting what Warren Buffett called an economic Pearl Harbor (not an apt analogy since we did it to ourselves) to be credible. It must come from the electorate and CEOs with the right values. Outrage about what? About the self-absorbed […]
Monday, July 30, 2012
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