All posts by Sri Ramamoorti



WHO’S GOING TO BELL THE CAT?

    (By Sri Ramamoorti) On February 13, 2015, Joe Koletar posted an entry that mentions, “…the fines (relatively insignificant in amount to the offenders), often go unpaid!” The fines levied on the big banks following the Wall Street financial crisis exceed $100 billion, and even for the big banks, these are are significant and […]



IS CORPORATE JUSTICE DIFFERENT?

(By Joe Koletar) The February 11, 2015 Wall Street Journal reports what increasingly seems to be old news: “U.S. Seeks Guilty Pleas from 4 Banks in Probe (page C-3).” The targets this time are Barclays PLC, Citigroup, Inc., J.P.MorganChase, and Royal Bank of Scotland. The article tells us the Justice Department (DOJ) plans to charge […]

   

“TECHNOLOGICAL GIANTS, ETHICAL INFANTS”

(A Roundup of Quotable Notes from our Bloggers) Notice how thin the line is getting between propriety and unethical/illegal behavior in today’s business miasma? The shameless chase for personal wealth takes on many dimensions. Our blogger contributors—highly alert for signals of such compromising behaviors—have been chatting among themselves. Joe Koletar: “The December 10 issue of […]

 

AIR TIME FOR ONE OF OUR BLOGGERS!

Daven Morrison, MD, is scheduled for a live interview on the online radio program, “FraudTalk.” Timing of the interview: Monday, December 15, 9:00 am CST, 7:00 am Pacific Time, hosted by Chris Marquet. FraudTalk is an informative weekly program covering recent fraud cases, trends, characteristics and preventive strategies—an ideal venue for one of our authors […]

 

WHERE’S THE PERSONAL ACCOUNTABILITY?

(By Dr. Sri Ramamoorti) I was particularly struck by the following comments in that article (see previous post), which are uncannily reminiscent of the comments I made during the Q&A period at an FBI panel session that Vic [Hartman] moderated in Indianapolis in late August this year. “Even now that prosecutors are examining repeat offenses […]