Steadfast Finances

 Business Ethics, Consumer Education         No comments

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Should it be viewed as a positive sign for health insurance reform that CNBC, well known for its pro-business bias, is interviewing a former health insurance executive who is in favor of government run health care?
Could that be the final coffin nail for the insurance industry’s current business model …

 Business Ethics, Financial Crisis         No comments

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When I was an undergrad, I was a paid research assistant for one of the most accomplished professors at my university.  He was at the top of his field, a multimillionaire, and one of the most egotistical a*sholes on Planet Earth.
He was the ruler of his small, but strangely powerful, …

 Business Ethics, Consumer Education         6 comments

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Just when I thought my cynical view of the world couldn’t get more bleak, I see the results of a simple behavioral economics experiment involving thievery and New York City bankers.
According to Professor Dan Ariely (author of Predictably Irrational), everyone has a tendency to steal or cheat just a little …

 Business Ethics, Consumer Education         8 comments

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Maybe I’ve had some sort of “Come to Jesus” moment, but this recession thing has really opened my eyes to companies with poor business ethics.
Whether it be carelessness, blissful ignorance or a seemingly infinite supply of tolerance, we consumers seem to take our hard knocks from shady companies in stride.  …