The invaluable Ethics Sage has a new article.
I, in particular, like this paragraph –
I find it astonishing that corporate fraud continues to increase and top management is leading the way. The increase in the FRP statistic seems to bear out the spread of the cancer that has been attacking the capitalistic system during the past 20 years or so. Remember the “Greed is Good” mantra in Wall Street? Well it’s instructive to look at the entire quote by Gordon Gekko: “The new law of evolution in corporate America seems to be survival of the unfittest. Well, in my book you either do it right or you get eliminated…The point is, ladies and gentleman, that greed, for lack of a better word, is good. Greed is right, greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms; greed for life, for money, for love, knowledge has marked the uoward surge of mankind.”
I won’t spoil the article by revealing more. But I promise you if you subscribe and favorite the Ethics Sage, you will have little cause for regret and many reasons to be pleased with your good judgment.
2 thoughts on “KPMG Study Shows Company Bosses Increasingly Commit Fraud (vis Ethics Sage)”
Such a bunch of dogs!
Think of the relatively greedy industrial titans of the WWII era in the US who gave up patent rights etc. on important ‘war work’.
Today’s generation . . . . can you imagine the consequences of their greed if it were practiced then?
We are doomed!
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