Why aren't clawback provisions de riguer amongst businesses? They certainly should be amongst financial firms of today -- particularly where the numbers are so easily manipulated in the short-run.


After Huge Losses, a Move to Reclaim Executives’ Pay

Truth in budgeting? Really? Its about time. Perhaps corporate America can take this example and apply it to themselves. This is an important first step in the right direction for the government's operations.


Obama Bans Gimmicks, and Deficit Will Rise

Is someone who hides his earnings in a secret Swiss bank account to avoid paying taxes ($300 million per year between 2002 and 2007) have the right to say they are proud to be an American? How is this different from stealing (other than the amounts are so much more and affect all of us rather than a few households)?


A Swiss Bank Is Set to Open Its Secret Files

Why do members of various professions not police themselves? Do they really enjoy it when their profession's reputations go in free-fall when there are enough of their fellow professionals doing terrible things? Are bankers proud to be the butt of so many other's jokes? Weren't there at one time a group of bankers who were proud of the service their profession provided their countrymen and would do quite a lot to protect the reputation of their profession? If yes, what could they have done in an organized fashion to prevent the current debacle?

Today's LA Times has a disturbing piece on how health insurance providers are overcharging their patients and thereby breaking the law. Doesn't their reputation for serving their customer and caring for that customer/patient's well-being suffer when this news comes out? Is the price they pay for this malfeasance high enough to discourage a repeat of this law-breaking and insensitivity to patients pocketbooks, much less the law of the communities they work in? If not, how do we discourage them from repeating this sorry episode?

Insurers exceed state-issued rates for last-resort health coverage