Comments on: Do we need a corporate honesty index? http://monsterhash.com/beta/2009/exclusives/money/do-we-need-a-corporate-honesty-index/?utm_source=rss&utm_medium=rss&utm_campaign=do-we-need-a-corporate-honesty-index Devilish content, with a long tail Fri, 16 Sep 2011 03:18:08 +0000 hourly 1 By: Demian http://monsterhash.com/beta/2009/exclusives/money/do-we-need-a-corporate-honesty-index/comment-page-1/#comment-23 Demian Mon, 16 Mar 2009 22:32:23 +0000 http://monsterhash.com/wordpress/?p=521#comment-23 <a href="#comment-74" rel="nofollow">@Cynical Synapse</a> I know! I'm trying hard to avoid getting angry by doing something about it. I'm reading a biography of Warren Buffett right now, and I've been impressed with how he seems to very carefully consider the integrity of management whenever he makes an investment. But he's able to meet directly with executives, so he's able to better judge their character. I hope to find, over the next few weeks, some ways that average investors like us can avoid rewarding bad behavior with our investments. @Cynical Synapse
I know! I’m trying hard to avoid getting angry by doing something about it. I’m reading a biography of Warren Buffett right now, and I’ve been impressed with how he seems to very carefully consider the integrity of management whenever he makes an investment. But he’s able to meet directly with executives, so he’s able to better judge their character. I hope to find, over the next few weeks, some ways that average investors like us can avoid rewarding bad behavior with our investments.

]]> By: Cynical Synapse http://monsterhash.com/beta/2009/exclusives/money/do-we-need-a-corporate-honesty-index/comment-page-1/#comment-24 Cynical Synapse Sun, 15 Mar 2009 20:33:12 +0000 http://monsterhash.com/wordpress/?p=521#comment-24 I thoroughly enjoyed your post. We <em>need</em> to do something to get the attention of our elected officials. As far as I'm concerned, AIG’s all just the <a href="http://cynicalsynapse.wordpress.com/2009/03/15/worlds-biggest-ponzi-scheme-aig-and-treasury/" rel="nofollow">world’s biggest Ponzi scheme</a>! Of course there’s no transparency. The people who claim to be fixing it were all in positions to have had something to do (or look the other way) with the making of the Wall Street debacle. I was <a href="http://cynicalsynapse.wordpress.com/2008/10/01/suffering-the-effects/" rel="nofollow">opposed to the bailout</a> from the very start. While I knew there would be consequences with AIG’s failure, I figured at least the executives would have to take their lumps, too. And I figured my share would be less. Instead, we’re all paying and the executives are pocketing it. With no end in sight. I thoroughly enjoyed your post. We need to do something to get the attention of our elected officials.

As far as I’m concerned, AIG’s all just the world’s biggest Ponzi scheme! Of course there’s no transparency. The people who claim to be fixing it were all in positions to have had something to do (or look the other way) with the making of the Wall Street debacle.

I was opposed to the bailout from the very start. While I knew there would be consequences with AIG’s failure, I figured at least the executives would have to take their lumps, too. And I figured my share would be less. Instead, we’re all paying and the executives are pocketing it. With no end in sight.

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