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Waiver Clauses

In Fine Print, Banks Require Struggling Homeowners To Waive Rights

ProPublica | Paul Kiel | Posted 07.09.2011 | Business

A few months ago, Bank of America offered Sergio Cortez of Staten Island, N.Y., the help he desperately needed to stay in his home: a break on his mor...

Why Code of Ethics "Safety Valves" Are Big Mistakes

Gregory Unruh | Posted 05.25.2011 | Business
Gregory Unruh

Waiver clauses leave the door open for companies to violate their own code of ethics if executives and the board decide it's a "good" idea. Why have them? Ethics can sometimes impinge on profits.