Last week the Sarbanes-Oxley act of 2002 was again in the news. I can't compete with Sarbanes-Oxley. I can't make up stuff this good.
You know the statistic. We incarcerate a higher proportion of the population than any other country does. Hundreds of thousands of young, now aging, men, are doing hard time for possession of small amounts of drugs. More and more people find themselves in jail because they got caught with bench warrants for their arrest for exorbitant fines they could not afford to pay. More than a century after debtors prisons were abolished, thousands are again behind bars because of debts. But one category of felon is free on the street. I refer, of course, to corporate criminals. Consider the case of a checkout clerk at Walmart who puts her hands in the till and walks off with a couple of hundred bucks of the company's money. That clerk could expect to face prosecution and jail. Now consider her boss, who cheats her of hundreds of dollars of pay by failing to accurately record the time she clocked in, or the overtime she worked.
Despite a deep, close and extremely lucrative relationship that lasted decades, JP Morgan Chase wasn't even required to publicly disclose the information that detailed its complicity in Madoff's scheme, including how much money it made and how.
In the case of Klinghoffer, as in the case of Cruising, the bottom lines for me are simple. I am concerned about some of the rhetoric and tactics of some gay radicals, but I am a lot more concerned about homophobia.
The front pages of newspapers teach us all too often that the "nice guy" we thought so much of actually wasn't so nice. But how did they become that way? Was it because of work or were they always that way?
The politics of respectability in the black community may not only hinder us from acting and engaging in the constructive protest, lobbying and collective action needed to create a more just society, as it has with respect to the Ferguson protests, but it may also prevent us from simply being and living freely.
We all want to believe that nonprofit corporations are full of hard-working people committed to improving society--and most are. But even the most wel...
If the paparazzi exist to alert us when Kim Kardashian passes through LAX, we are indeed a troubled civilization that can only be saved with the passage of meaningful anti-paparazzi laws that have killer-whale teeth.
Despite four pennants and two World Series victories, the Mets have embraced the lovable loser narrative. This is a difficult thing to define; clearly Mets fans to prefer their team to win, but the existence of this narrative, even though its relationship to reality is more tenuous, gives the Mets a more forgiving environment than some teams.
Millions are only one or two paychecks away from ruin. Poverty rates have soared. In the midst of misery, more and more of the nation's wealth is being captured by the top 0.1 percent of earners. And yet, some of the most powerful and wealthy people in America are feeling persecuted.
I imagine it's easier to engage in illegal conduct when you don't know the victim. When hedge fund managers engage in insider trading, they don't know who is on the other side of the trade. I assume they believe it's a victimless crime. They are mistaken.
Soon we might see headlines asking: "Is Dianne Feinstein a whistleblower or a traitor?" It may already be a fact that Feinstein's speech yesterday blew a whistle on CIA surveillance of the Senate intelligence committee, which she chairs. But if that makes her a whistleblower, then Colonel Sanders is a vegetarian evangelist.
Jane Rosenberg has to choose carefully whom she tells what to: "When I go to a party, if I tell people I'm a painter, they say, 'That's nice' and then they walk away; but if I tell them I'm a courtroom artist, they say 'Wow' and want to talk to me all night.
Are we not all "well kept Jasmines" now, at least those of us in the financial elite, looking the other way while our economic system has morphed into a financial system, "lacking a sound economic basis, and without economic virtues?"
The love for ourselves is already there. It doesn't need to be created. It's getting clouded over by behavioral patterns, beliefs and images from the media. I think we all naturally want to be at peace. We just need to look and see what's getting in our way.
Woody Allen has managed to tell a juicy, colorful social tale rife with undertones that speak volumes of the dark times we are living in. He manages to make the characters' lives not only theirs, but ours -- whichever side of the dollar we have found ourselves on.