The recent scandals at Barclays Plc, JPMorgan Chase & Co., Goldman Sachs Group Inc. and other banks might give the impression that the financial sector has some serious morality problems. Unfortunately, it’s worse than that: We are dealing with a drop in ethical standards throughout the business world, and our graduate schools are partly to blame.
The national discussion about same- sex marriage is heating up. Just last week, North Carolina voted to prohibit the practice, and, for the first time, President Barack Obama clearly came out in favor of it.
Four former General Reinsurance Corp. executives and one former American International Group Inc. executive would win dismissal of accounting fraud charges under proposed deferred-prosecution agreements with the government.