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Can JP Morgan Transparently Police Itself?

Harvard Business Review

boss, Ina Drew , the former head of their unit in of the bank's, the Chief Investment Office (CIO); and CEO Jamie Dimon, to whom the CIO reported who oversaw the CIO. Drew quickly retired after the losses, and Iksil and Macris are, according to news reports, leaving the bank. Its purpose: to remedy unfair windfalls.

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Why Are Some Sectors (Ahem, Finance) So Scandal-Plagued?

Harvard Business Review

This escalation illustrates a significant change: highly expensive scandals across business sectors , not just in single companies, and this is reflected in the January 7th agreement by major banks to pay $8.5 In the past, some multi-company problems have been due to introduction of a detailed regulation or to a change in enforcement policy.