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Daily Archives: 9 July 2012
Diamonds and Rust: The Need for Ethical Climate Change in Banking
The takeaway: The British scandal over interest-rate rigging underscores the need for ethical climate change in banking. In addition to regulatory and policy changes, doing this involves the combined efforts of CEOs, boards of directors, investors, depositors, and other stakeholders … Continue reading →
Posted in Corporate Governance, Corporate Political Activity, Public Policy
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Tagged Bank of England, Barclays, business ethics, Citizens United, civic moral values, Ed Millibrand, Ezra Klein, fiduciary ethic, Financial Services Authority, Frank Stanton, Gary David Goldberg, George Osborne, Glass-Steagall Act, Goldman Sachs, Harvard Divinity School, integrity, Jan du Plessis, John Whitehead, Lady Susan Rice, London Interbank Offered Rate (LIBOR), Mary Houghton, moral compass, Norman Lear, Paul Tucker, Peter Jennings, Robert Diamond, Ron Grzywinski, Sir Mervyn King, stewardship, systemic risk, Teddy Forstmann, Tocqueville, trust, U.K. Serious Fraud Office
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1 Comment
Rotten Culture: What Others Are Saying
Please note: this is a supplement to “Diamonds and Rust: The Need for Ethical Climate Change in Banking“, posted 9 July 2012 If you don’t understand what all the Libor fuss is about, here are some exemplary explainers and commentaries. … Continue reading →
Posted in Corporate Governance, Ethics and Values
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Tagged Barclays, ethics, Gretchen Morgenson, Heidi Moore, Joe Nocera, Libor, Michael Lewis, Nell Minow, Quakers
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1 Comment