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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jaclyn Jaeger2017-01-04T12:45:00
Bad overall management, bureaucratic red tape, lack of accountability, lack of transparency, a cover-up gone bad, and a total lack of ethics and morals—the story behind the continuing lead-water crisis in Flint, Mich., touches upon many of the very same fact patterns and inexcusable behavior often observed in the most egregious corporate enforcement actions.
Except with the water crisis in Flint, we’re not talking about a company. We’re not talking stock prices. We’re talking people, innocent people—who just as easily could be anybody’s family, friends, neighbors, children in any part of this country—many who now suffer from irreversible lead poisoning due to the misconduct of others that can only be described as gutless, pathetic, unethical, immoral—fill in the blanks.
Yes, it is true that in cases of corporate misconduct, individual lives are also affected. People can lose their jobs, face financial hardship and reputational ruin, and even face jail time, depending on one’s level of culpability.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2020-04-01T19:26:00Z By Jaclyn Jaeger
As the Environmental Protection Agency abdicates its oversight responsibilities, pointing to the coronavirus pandemic, now is the time for true leaders to lead.
2024-11-26T19:59:00Z By Jeff Dale
The U.K. Financial Conduct Authority fined the London branch of Australian-based Macquarie Bank Limited more than 13 million pounds (U.S. $16.3 million) for “serious control failures” that allowed a trader to conceal hundreds of fictitious trades over a 20-month period.
2024-11-25T14:04:00Z By Aly McDevitt
Former U.S. Deputy Attorney General Larry D. Thompson participated in landmark legal cases, such as the Justice Department’s Enron investigation and the Volkswagen Independent Compliance Monitorship. Now his memoir looks back on his extensive career in compliance, offering profound insights into corporate culture, diversity, ethics, and integrity.
2024-11-19T17:28:00Z By Neil Hodge
Companies spend huge sums on audit, risk management, and compliance to alert them about potential legal issues before they escalate into serious corporate governance failings. There’s only one problem, however–they often misread their own early warning signs or ignore them altogether.
2024-09-17T16:16:00Z By Neil Hodge
Company training has always been equal parts important and annoying. But a recent inquest found some eLearning courses fail to warn companies when employees struggle through education and testing. For 13-year-old Hannah Jacobs, the consequences ended with her death.
2024-09-12T16:10:00Z By Aaron Nicodemus
Norfolk Southern Corp., the railroad still cleaning up the environmental and financial damages caused when one of its trains derailed in a small Ohio town, has fired its top executive and chief legal officer after concluding they had an affair that violated company policies.
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