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After Paterno, Penn State’s Struggle to Rebuild Trust(0)

January 23, 2012

With the death of long-time football coach Joe Paterno, Penn State enters a new stage of its crisis stemming from criminal sex abuse charges against a former assistant coach. Columnist Gael O’Brien thinks the university’s trustees have made numerous mistakes and says the institution now must learn “how to tolerate discomfort with unflattering headlines while the focus is on trust building, not brand building.”

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The Corporate Capture of the United States

Corporate governance activist Robert AG Monks argues that American corporations today are like the great European monarchies of long ago. “Corporations have effectively captured the United States: its judiciary, its political system, and its national wealth, without assuming any of the responsibilities of dominion,” he writes. “Evidence is everywhere.”

Survey Forecasts ‘Looming Ethics Downturn’ in Corporate America

The good news is that on-the-job misconduct by American workers may be at an all-time low, and when misconduct is detected it’s likely to be reported by co-workers. The bad news is that whistle-blowers are being retaliated against for their truth-telling at a “shocking” rate, according to a new survey.

Why No Financial Crisis Prosecutions? ‘It’s Just too Hard’

Years after the financial crisis, there have still been no prosecutions of top executives at the major players in the financial crisis. Why’s that? Well, according to a now-departed Justice Department official who used to be in charge of investigating such matters, the Justice Department has decided that holding top Wall Street executives criminally accountable is too difficult a task.


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