PDA

View Full Version : Spokesman-Review: "Spitzer turning to ethics work on corporate culture"



ZagNative
04-14-2009, 09:03 PM
Boy, it would be great if he could have one-tenth of the imact on corporate ethics as he's had on Gonzaga University! From the Spokesman Review (http://www.spokesman.com/stories/2009/apr/14/spitzer-turning-ethics-work-corporate-culture/):
Outgoing Gonzaga president calling for regulation in financial industry
Mike Prager
The Spokesman-Review
pril 14, 2009 in City

Gonzaga University President The Rev. Robert Spitzer, who is stepping down in July, is calling for broad regulation of the financial industry to prevent further lapses in ethical behaviors that led to the worldwide financial meltdown over the past year.

Spitzer on Tuesday said he is planning to concentrate on programs to improve corporate cultures and ethics after he leaves the GU presidency after 11 years in the job.

“You need systemic regulatory solutions that will prevent this from happening in the future,” he said of the massive investment losses.

Government agencies that are responsible for regulatory control “have frankly let things get away from them,” so that trillions of dollars in bad debt will continue to be a drag on the global economy for some time, he said.

Corporations need help from the inside, Spitzer said, and that is where he thinks he can help as he moves into the next stage of his career.

Spitzer wants to apply his three decades of academic expertise to encourage a newer corporate culture not based on greed, arrogance and fear, which can be traced to the root of the current financial meltdown.Read the rest of the story here (http://www.spokesman.com/stories/2009/apr/14/spitzer-turning-ethics-work-corporate-culture/), including seeing this great photo shot March 17:

http://i237.photobucket.com/albums/ff232/ZagNative/Zags/Misc/2009-03-17FatherSpitzerSmaller.jpg