Archive for August, 2010

Shouldn’t the Deepwater Horizon spill serve as a wakeup call?

Monday, August 30th, 2010

The New York Times reports today that, despite the mess caused by the Deepwater Horizon leak, oil companies are taking increasing and largely unscrutinzed risks as they drill deeper for offshore petroleum. According to the Times, rigs are becoming larger and more complicated, are farther than ever from the coastlines (and immediate support in an [...]

Empower your people

Friday, August 27th, 2010

Continuing my Friday series on keeping your business out of court, let’s focus on a recent experience I had with my own family. To celebrate my oldest daughter’s 10th birthday, we went to Disney World … in August. It was a great trip overall but the heat was nearly unbearable, and I’d decided that, instead [...]

Mortgage fraud is on the rise again

Monday, August 23rd, 2010

Well, this is depressing … The Wall Street Journal reported today that mortgage fraud is once again on the rise, less than two years after the international financial meltdown. As you’ll recall, recession set in, world financial markets tumbled, home values plummeted, and unemployment skyrocketed when it was discovered that Wall Street investment firms had [...]

Why did HP give Mark Hurd a $37 million severance package?

Tuesday, August 10th, 2010

When former CEO Mark Hurd resigned from Hewlett-Packard Co. last week, he joined a lengthy list of top business executives who have stepped down after being accused of personal ethical lapses. Of course, this isn’t HP’s only recent scandal. HP suffered considerable public embarrassment just a few years ago when its chairwoman, Patricia Dunn, left [...]

Observe health and safety rules

Friday, August 6th, 2010

Continuing my Friday series on keeping your business out of court, let’s look at a high-profile story that’s back in the news. Four months ago, an explosion at the Big Branch mine killed over two dozen workers. According to news reports, the mine had been repeatedly cited by inspectors for safety violations, but the mine [...]

Is it ethical for insurers to put a beneficiary’s money in a retained asset account?

Monday, August 2nd, 2010

For the past several days, the Internet has been ablaze with stories about how big insurance companies have allegedly mistreated military families. These companies are among many that participate in the Servicemembers’ Group Life Insurance program, or “SGLI,” which provides low-cost life insurance to active duty military service personnel. When those active duty personnel die [...]