Ken Lay & Enron. Bernie Madoff. Bernie Ebbers & WorldCom. What is it about CEOs that makes them uniquely capable of pulling off the most audacious & expensive kind of white collar crime? Control Fraud Theory has the answer. Via the ever-enlightening Bruce Schneier.
posted by scalefree on Nov 8, 2010 - 37 comments

The Case for Working With Your Hands.

In the boardrooms of Wall Street and the corridors of Pennsylvania Avenue, I don’t think you’ll see a yellow sign that says “Think Safety!” as you do on job sites and in many repair shops, no doubt because those who sit on the swivel chairs tend to live remote from the consequences of the decisions they make. Why not encourage gifted students to learn a trade, if only in the summers, so that their fingers will be crushed once or twice before they go on to run the country?

posted by Chinese Jet Pilot on May 22, 2009 - 88 comments

Executive Pay-Day Perhaps, if we don't maintain the greatest worker-to-executive salary discrepancy in the world, the terrorists win.
posted by subpixel on May 5, 2003 - 20 comments