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Wow, the bad behavior from Wells Fargo is just astonishing.This is why we need the Consumer Financial Protection Bureau. This is why we need the Dodd Frank Act. The lure of money is too great for the Wall Street types to resist. And yet, some members of Congress wants to get rid of the Bureau…
But someone is finally recognizing the damage Finally someone is recognizing the damage of the insistence of the primacy of shareholder value over everything else. It took someone who is both a shareholder and a former employee to say that maybe, just maybe, we are doing great damage. The New York Times article, “Penalize Companies…
Suppose you no longer have to work – you just receive a minimum basic income and then you get to pursue your passions, whether it’s watching TV, traveling, doing art or whatever. Does this sound attractive to you? This is the basic premise offered by the tech guys as a solution to the pending robotic…
Huh, even The Economist says American profits are too high. Wow, that’s pretty damning. The world has taken note of the anger in American voters and I’m sure there are many articles about the causes. This magazine has noted that the various speculations of the cause range from rigged economy in favor of the elite…
Recently, the New York Times have been doing a series of articles about work in their magazine section. It is called “The Work Issue: Reimagining the Office”. I haven’t read all the way through but I did want to post about the one where the owner of a cleaning service has decided that he would…
An interesting and dismaying thing is happening: more and more, the courts are ruling in favor of the alleged insider traders. A little over a year ago, the Second Circuit of Appeals, which oversees New York, Connecticut and Vermont, quite possibly the land of moneyed men, sided with two hedge fund traders and overturned a…
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