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Nihilism and Globalization

What a week it has been in the world of corporate criminality and governmental spinelessness! On Monday, the British Bank HSBC agreed to pay a fine for $1.92 billion for repeated and systematic violations of two U.S. laws to prevent money laundering. The bank transferred hundreds of billions of dollars for its clients, likely enabling…Read more Nihilism and Globalization Posted on 14 December 2012 | 4:07 pm

Confronting Reality on Wall Street

This week, Greg Smith announced his resignation as an executive from Goldman Sachs in a highly publicized Op-Ed piece for the New York Times, aptly titled “Why I am Leaving Goldman Sachs.”  The letter describes a transformation in the “culture” of the giant investment firm that has gone from a business with integrity to one…Read more Confronting Reality on Wall Street Posted on 16 March 2012 | 12:33 pm