A recent survey of senior executives in Britain and the U.S.A. found 24% consider unethical or illegal conduct is needed for success in the financial world. The study also revealed that 30% felt pressure over salaries to compromise their ethics. 16% of executives said they’d commit insider trading if they “knew” they could get away with it. The study also …
Maybe Andy Grove was right after all – “Only the Paranoid Survive.” At least if you’re paranoid, you don’t have room for hubris – they just don’t go together. The public has lost confidence in “big business.” That’s not good for any of us.
Healthcare is big business and getting even bigger. I’m interested, since as a “boomer,” I will likely be up for lots of healthcare costs in the future. Luckily, I’m healthy at the moment and dealing with only minor health issues (knees hurt, cholesterol is problematic and such). Yet, despite reasonable planning, I know that a catastrophic medical problem for either …