Thursday, April 25, 2013

Do I Really Need That $10 Blouse? Wouldn't It Be Just as Cute at $11?

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Another garment-factory fire, another garment-factory building collapse. Sigh. I've written several times (most recently, here ) about...
Wednesday, April 24, 2013

Under-Punishment Isn't Much of a Deterrent to Bad Behavior

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In a perfect world, we would all do the right thing because it was the right thing to do, not because we were afraid of getting caught doing...
Wednesday, April 17, 2013

One Jury Giveth, and Another Taketh

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Just over a month ago, I commented on how much Johnson & Johnson's poor business decision was going to cost them -- more than $8 mil...
Wednesday, April 3, 2013

Easy Solutions are So Tempting, And So Often Wrong

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I believe it was the late "Sage of Baltimore", H. L. Mencken, who coined this phrase: "There is always an easy solution to ev...
Monday, April 1, 2013

What are Directors Worth, and What do They Owe?

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All weekend, I've been thinking about James B. Stewart's excellent column in Friday's New York Times about "bad directors ...
Wednesday, March 20, 2013

Loan Sharks Still Swimming Offshore

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Payday lenders are among the scummiest people on the planet, I say without fear of argument, preying on the most financially vulnerable amon...
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Monday, March 11, 2013

$8.3 Million. And Counting.

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How much is a bad business decision going to cost you? It depends, of course. Johnson & Johnson got one answer last week: $8.3 million...