Category: Ethics
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One of the interesting things about teaching ethics is that I never need to search for examples. Each class brings anew list of ethically challenged office holders. South Carolina may begin impeachment proceedings against Gov. Sanford. Roland Burris earns a rebuke from the Senate Ethics oversight group. And in a move sure to make the…
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Read The Naked Swindle in the Rolling Stone. Someone bought $1.7 M worth of puts on Bear Stearns when the stock was $63, with strike prices 50% lower and only nine days left for expiration. And they paid off 159x. Gee do you think that person had inside information? And the SEC cannot find out…
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Al Gore is pushing green energy, and his companies are receiving massive subsidies as a result. A fellow Tennessean questioned him about that. The CEO of GE is a big Obama supporter, guess what, GE is supporting Cash for Clothes Washers! Your tax dollars at work for a beleagured trying to get off the ground…
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How Did Goldman make $10 B in trading profits in three months? This fellow addresses the question, this is what I have been suspecting, it must be true.
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Enron is perhaps the landmark ethics case of our time. Now the Supreme Court will hear an appeal by Skilling attorneys that he did not get a fair trial. My take, if John Fuld who took $300 M out of Lehman the year before its collapse along with the cheats at Bear Stearns and Merrill,…
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Wendi Taber spoke last night in my Grad Accounting Class. she sends this warning from Information Week about requests from your social networking friends. Beware Hijacked Social Networking Accounts, FBI Warns Social networking sites are becoming a more popular attack vector for cybercriminals because people trust those they believe to be friends. By Thomas Claburn…
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Wendi Taber spoke last night in my Grad Accounting Class. she sends this warning from Information Week about requests from your social networking friends. Beware Hijacked Social Networking Accounts, FBI Warns Social networking sites are becoming a more popular attack vector for cybercriminals because people trust those they believe to be friends. By Thomas Claburn…
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Community College officials face serious charges for misuse of funds and channeling money for various bond elections. It never ceases to amaze me. Whenever I teach ethics three times now, there is no lack of current ethically challenged officials making the news. One never needs to save articles so that there is material to demonstrate the…
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From a blogger elsewhere If Mark Sanford had cheated on his taxes instead of his wife, he would have been a cabinet member by now. Hmm, I teach the ethics class here at A & M, we have seen several cabinet members get a pass on their views of responsibility vis a vis the IRS…
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In ethics class I handed out an article detailing how the chair of the New York FED and former Goldman CEO had made over $2,7 M buying Goldman, now a bank, shares while the government was indeed trying to save his former firm. He has now resigned, my post from the investment blog as follows. …
