Monday, March 15, 2010

Lehman Bros: Insufficient Accountability in Corporate Governance

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In an executive meeting at Lehman in the summer of 2008, Skip McGee told Richard Fuld and the other top executives that the market was dema...
Saturday, February 6, 2010

Unaccountability at Bank of America

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Andrew Cuomo, who was the Attorney General of New York in February of 2010, filed suit then against Bank of America and two of the bank’s e...
Thursday, January 21, 2010

The Aristocracy of the Moneyed Corporations

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“I hope we shall crush in its birth the aristocracy of our moneyed corporations.”  Thomas Jefferson In Citizens United v. FEC on Januar...
Wednesday, January 20, 2010

A Tax Unfair to Big Banks?

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In a political economy in which large concentrations of privately-held capital, such as that of a bank or large corporation, can legally mak...
Monday, January 18, 2010

Political Campaign Coverage: A Question of Substance

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Popular election presumes meaningful discourse on current issues and political philosophy so the voters can distinguish the candidates.  To...

Hints of a Shift Back to Federalism?

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In the US Senate race in Massachusetts between Scott Brown and Martha Coakley, there was some resistance to the proposed federal health car...
Sunday, December 20, 2009

TARP and Foreclosures: A Matter of Misplaced Priorities

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Neil Kashkari wrote up the U.S. Treasury department’s Break the Glass Bank Recapitalization Plan in April, 2008—months before the financial...
Saturday, December 12, 2009

Bankers Writing Financial Reform Law: A Case of the Wolves Designing the Chicken Coop

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The financial reform bill approved in December, 2009 by the US House of Representatives proposed to regulate the financial industry and kee...
Thursday, December 10, 2009

Private Financial Interests in the Public Square: Crowding Out by Design

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Is the typical American self-centered and greedy, or is there a civic-mindedness that yearns to bracket one's own interests?  In other ...
Tuesday, December 8, 2009

Federalism Facilitating Self-Preservation

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The rights to life, liberty and the pursuit of property (Locke) or happiness (Jefferson) can all fit within a federal system that enables i...
Sunday, November 22, 2009

The U.S. National Debt: On the Addiction of Living Beyond One's Means

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Twelve times a thousand times a billion  Such a number can only be known abstractly to the human mind.  A person is not apt to see 12 trill...
Sunday, November 15, 2009

Are the EU and the US Commensurate?

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Are the E.U. and U.S. commensurate? The conventional "wisdom" says no, but are most people, including most European leaders, miss...
Thursday, November 12, 2009

Integrity in the Job-Description of a US Senator: On the Role of the Senate's Design and Purposes

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Micheal Bennet, who represented Colorado as a U.S. Senator, told a journalist in 2009 that the possibility of losing his seat  in 2010 shou...
Monday, November 9, 2009

Twenty years after the Berlin Wall fell: Vor zwanzige Jahre ist die Mauer gefallen

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It was a gray rainy Monday in Berlin, yet the sun was shining for those in Europe who are celebrating the fall of the iron curtain.   Twent...
Thursday, November 5, 2009

Is Corporate Social Responsibility the Same as Business Ethics?

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Corporate Social Responsibility (CSR) is typically thought to be a topic in the field of business ethics. If a company is socially responsi...