Like most people, I read the daily news … and, unfortunately, little shocks me anymore. Recently, however, I was especially distressed to read—in just one day—how many major companies were found to have gone terribly wrong! The reports shed light on what goes on behind closed doors, and how these organizations’ tone at the top had become so tainted.
General Electric
First was news of General Electric’s $50 million settlement with the Securities and Exchange Commission over allegations of repeated accounting improprieties, with a corporate eye toward “making the numbers.”
The story refers to a Jesuit priest who worked for GE years ...