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A Lesson from Warren Buffet about Ethical Blind Spots

Harvard Business Review

And, when we allow financial firms to choose for themselves the agencies that rates their financial products, the agencies have every incentive to be lax. Creating true objectivity — whether in managerial or organizational decisions — requires eliminating the conflicts of interest that bias judgments.

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Crisis of Faith in the Financial System

Harvard Business Review

This very contemporary question was put in unexpected historical context for me this Christmas by a book I was given, A History of the World in 100 Objects by Neil MacGregor, Director of the British Museum. What happens when there is a mass loss of confidence in the financial system? In the end this money did become worthless.".

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