Tag Archives: ethics

Another Year of CEO’s Taking Hugely Excessive Pay

I continue to do my part to publicize the abusive CEO pay packages that the current crop of unethical CEO’s, and those sitting on corporate boards have supported (Tilting at Ludicrous CEO Pay 2008 – 2007 post on CEO pay … Continue reading

Posted in Economics, Management, Management Articles | Tagged , , , , , , , | 6 Comments

Community Banks Ask Why They Must Pay for Wall Street Greed

Minnesota Bank Asks Why It Pays for Wall Street Greed TCF is among more than 8,300 banks and lenders insured by the FDIC facing increased fees and a one-time “emergency” charge designed to raise $27 billion this year for the … Continue reading

Posted in Economics | Tagged , , , , | 1 Comment

Looting: Bankruptcy for Profit

Looting: The Economic Underworld of Bankruptcy for Profit by George Akerlof, University of California, Berkeley; National Bureau of Economic Research (NBER) and Paul Romer, Stanford Graduate School of Business; National Bureau of Economic Research (NBER). George Akerlof was awarded the … Continue reading

Posted in Deming, Economics, Management, Systems thinking | Tagged , , , | 7 Comments

How Private Equity Strangled Mervyns

I do not like the actions of many in “private equity.” I am a big fan of capitalism. I just object to those that unjustly take from the other stakeholders involved. It is not the specific facts of this case, … Continue reading

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CEOs Plundering Corporate Coffers

Pointy haired bosses broke the code they provided on their site for embedding a Dilbert comic, so I removed the broken code. Dogbert: “I am stepping down as CEO so I can spend more time with the money I stole … Continue reading

Posted in Management, Respect, Systems thinking | Tagged , , , , | 17 Comments

Businesses Tell the IRS They Are Not American but Executives Stay in USA

I have previously written about the ethically challenged companies that claim they are not American to avoid paying the taxes that they owe. For some reason the executives, often seem to stay in the USA though? It is sad that … Continue reading

Posted in Economics | Tagged , , , , | 3 Comments

Samuel Adams Acts Like a Good Neighbor

Some people think business is only about making money. I agree with Dr. Deming that the purpose is much larger than that. Even if you take a view similar to mine though, it is not often companies intentionally help those … Continue reading

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Why Pay Taxes or be Honest

This kind of stuff makes me mad. I was taught about robber barons in school (or actually I think by my uncle but…). And what I was taught was that business used to be seen as an amoral area. But … Continue reading

Posted in Economics, Management, Psychology | Tagged , , , , , | 2 Comments

More on Obscene CEO Pay

Study site: CEO-worker pay imbalance grows [the broken link has been removed] includes the graph above. Unfortunately this reverse robin hood (steal from the workers, stock holder, customers…) and give to the CEO tale continues. Hopefully someday soon we can … Continue reading

Posted in Management | Tagged , , , , , , , , | 12 Comments