4.12.2005

Does this sound right...

I get an email every evening from MSNBC that covers the business news of the day. Here are some of today's headlines:

Former AIG CEO takes the Fifth
The former chairman and CEO of embattled insurer AIG Â invoked his constitutional rights against self-incrimination Tuesday, declining to answer questions from securities regulators, according to a person familiar with the meeting.

Scrushy perjury counts to be thrown out
A federal judge indicated Tuesday she would throw out three perjury charges against fired HealthSouth Corp. CEO Richard Scrushy but said she would let his corporate fraud trial move ahead on 55 additional counts.

U.S. prosecutors indict NYSE traders
Fifteen specialists who managed trades on the floor of the NYSE were indicted Tuesday, charged with using their inside positions to earn an estimated $20 million in illicit profits for themselves and their firms.

3 out of 10 of the headlines were about criminal charges leveled against business leaders. We need real change in the US business community, and the demand should come from within.

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