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corporate governance

Wayward Bankers: An Epic Accountability Challenge

Sina Odugbemi's picture

The global community faces an epic governance and accountability challenge: the big banks that we all use either directly or indirectly are out of control and nobody seems to know what to do about them. As we mark the fifth anniversary of the global financial crisis this month, it appears as if every new week brings news of a fresh banking scandal. The recent list:

Quote of the Week: James Surowiecki

Sina Odugbemi's picture

“But, if recent history has taught us anything, it’s that self-regulation doesn’t work in finance, and that worries about reputation are a weak deterrent to corporate malfeasance.”

-James Surowiecki, Staff Writer, The New Yorker

-As quoted in The New Yorker, July 30, 2012. Bankers Gone Wild