Pilant’s Business Ethics CBS NewsArticle by Katherine Landergan, Globe Correspondent -
A stray cat who was befriended by workers at Wentworth Institute of Technology is recovering from a severe case of frostbite that nearly claimed the animal’s life, according to the Animal Rescue League of Boston.
From the Detroit Free Press -
A drawstring on the stroller can get wrapped around a child’s neck, posing a strangulation hazard. The firm has received one report of an 11-month-old who got entangled in the cord at her neck. She was freed by her mother.
Courtesy of the Richards and Oliver law firm.
Did the company pull the strollers out of the good of their hearts or out of fear of law suits? It was the law suits.
The right to sue is one of the great American rights, that right most people would have to be prompted to list, but it’s critical to our health and safety.
If there is anything we have seen from the 2007 financial crisis, it is the willingness of major companies to damage hundreds of millions of lives in the course of business while blaming the victims. I promise you if Congress has not been continuously limiting the right to sue these huge financial companies over the last twenty years, the 2007 debacle would never have happened.
James Pilant
James Pilant
From SFGate – (San Francisco Chronicle)
LinkedIn Corp. was being blocked in parts of China on Thursday after members in that country began using the professional social networking service to discuss the revolutions that have toppled governments in the Middle East.
The Mountain View company doesn’t have a major presence in China, which has about 1 million of LinkedIn’s 90 million members worldwide.
However, the blockage may be further evidence that the Chinese government is now even less willing to reopen its firewall to social networks Facebook Inc. and Twitter Inc., which have played key roles in anti-government upheavals spreading through the Middle East.
“What would they have to do to become less threatening than LinkedIn currently is?” said Andy Smith, a social media marketing expert in Lafayette.
No Irish Spring: Emerald Isle as Credit Crunch Microcosm (via The Big Picture)
Unemployment is now 13 percent in Ireland; it would be higher if 5 percent of the working-age population (principally the young and well-qualified) had not emigrated over the last two years.
Bankers Apoplectic Over Arizona’s Republican Dominated Senate Passing Chain of Title Bill, 28-2…by Martin Andelman (via ForeclosureBlues)
Frankly, I don’t know where to begin. There’s just so much to say. It’s like a cornucopia of… well, lots of stuff to say. Bankers everywhere must be walking in circles, muttering to themselves, perhaps breaking out in hives.
(Foreclosure Blues is just the best site for foreclosure news – If you want the best coverage of the foreclosure crisis, there’s no better place.)
Wall Street Cash Bonuses Fell in 2010; Average $128,530 (via Business Ethics, The Magazine of Corporate Responsibility)
Cash bonuses paid to New York City securities industry employees declined by nearly 8 percent to $20.8 billion in 2010, as Wall Street firms shifted toward more deferred compensation and higher base salaries, according to an estimate released by New York State Comptroller Thomas P. DiNapoli.
For the average Wall Street worker, however, that still translated into a 2010 cash bonus of $128,530, according to DiNapoli’s estimate. And although cash bonuses were down, it’s estimated that total compensation on Wall Street rose 6 percent last year, DiNapoli said.
Only $128,530.
Democracy in the Workplace (via Richard D. Wolff)
Wolff has some very interesting idea and some sharp commentary.
Blogoversary and Why I Blog (via Compliance Building)
Mostly, I publish because the information is useful to me. This blog is a personal knowledge management tool. It’s all about trying to capture information that interest me and has relevance to my day-to-day work. I find that writing my thoughts adds some clarity to my thinking. By putting all of that information into the blog, it’s in a place where it is easy to find.
I promise you when I am tired – when my allergies are bothering me or just feeling a little out of it, I wonder why I blog. Compliance Building has a good handle on why it is important.
James Pilant
