• July 3, 2017

    Do as I say, not as I do.

    How are government ethics and compliance officials able to do their jobs under the current administration? We are hearing more as those officials leave and speak up. Hui Chen was an in-house compliance counsel for the Justice Department, responsible for guiding the department’s fraud section of the Criminal Division through certain issues like the prosecution of business entities, and whether companies fulfilled the obligations they agreed to in settlements with the Justice Department. She recently resigned. Chen explained her reasons for resigning on LinkedIn — according to The Hill: “To sit across the table from companies and question how committed they were to ethics and compliance felt not only hypocritical, but very much like shuffling the deck chair on the Titanic,” Chen wrote. “Even as I engaged in those questioning and evaluations, on my mind were the numerous lawsuits pending against the President of the United States for everything from violations of the Constitution to conflict of interest, the ongoing investigations of potentially treasonous conducts, and the investigators and prosecutors fired for their pursuits of principles and facts,” she continued. “Those are conducts I would not tolerate seeing in a company, yet I worked under an administration that engaged in exactly those conduct. I wanted no more part in it,’ Chen said, adding that management in her office ‘persistently prohibited me from public speaking.’   According to The Hill, before her resignation, Chen posted tweets or retweeted articles that were considered critical of President Trump such as, ”For those who truly care about ‪#ethics, ignoring our current ‪#conductatthetop requires abandonment of conscience.” http://thehill.com/homenews/administration/340472-doj-corporate-compliance-watchdog-resigns-cites-trumps-conduct  

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  • June 29, 2017

    What gets brokers to cheat less — or more?

    Why do most people feel it is wrong to run out of a restaurant without paying the bill but not wrong to illegally download music, movies, or books? Or manipulate financial markets?      

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