Wall Street Marches On
Recently, I was in downtown Baltimore at lunch hour and overheard the following exchange between two young business men, one carrying an attaché case and the other smoking a cigar.
Attaché Guy: You were at the annual meeting, you saw the problem. Absolute transparency is the only ethical solution to that pervasive lack of shareholder trust.
Cigar Guy: Well, give it a try, but don’t tell Corporate what you’re up to. You know it’s easier to be forgiven than it is to ask those guys for permission to do the right thing.
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