When U.S. Senator John Walsh (pictured left) was accused of plagiarizing a masters thesis, he initially attributed the act partially to post traumatic stress disorder related to military service. He later recanted and quit the race for his seat in the Senate. The Army War College has since rescinded the masters degree. “The consequence of plagiarism,” writes columnist Gael O’Brien, “is like a time-released capsule imploding at a vulnerable moment in a career.”Full Story»
The top five prize-winning essays in the 2014 Elie Wiesel Foundation Prize for Ethics Contest provide some encouraging evidence that young people now graduating from American colleges and universities understand the imperative of moral leadership and are prepared to assume that responsibility.
A special examiner hired – and fired – by the Federal Reserve Bank of New York recorded about 46 hours of meetings and conversations with her colleagues. Many of these events document key moments leading to her firing. But they also offer an intimate study of the New York Fed’s culture at a pivotal moment in its effort to become a more forceful financial supervisor.
Two leading consultants say companies must create lower risk environments for fraud. To do so, they argue, organizations first must understand their own corporate ecology — the interrelations between people and their workplace — and tailor controls to the nature of those systems.
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