“Shareholder Value” and short-term thinking
Can short-term thinking in a business leader be ethical… at least when the survival of the business is not at stake? Isn’t there something intrinsically wrong about sacrificing the future for the sake of the present? Valuing the long-term over the short-term is at the heart of a lot of messages that company management gives […]
Lawyer sport: nice plea, Bernie
Anybody read all of Bernie Madoff’s allocution when he pled guilty? I pasted it, below. It sounds like an odd mea culpa. But it’s actually a neat, precise bit of lawyering. Put aside the lives he shattered, and you can almost enjoy the way his defense team tracks the required elements of the crimes to […]