Business Models, Not Practices

“The bigger and better question may not be whether insider trading is rampant but whether corporate corruption in general is rampant; whether ethical bankruptcy is on the rise; whether corrupt business models are becoming more common.”

— Preet Bharara, Deputy United States Attorney, Southern District of New York

Indian-American Preet Bharara appears on Time cover (ndtv.com)

Author: David Wolf

An adviser to corporations and organizations on strategy, communications, and public affairs, David Wolf has been working and living in Beijing since 1995, and now divides his time between China and California. He also serves as a policy and industry analyst focused on innovative and creative industries, a futurist, and an amateur historian. View all posts by David Wolf

2 thoughts on “Business Models, Not Practices”

John Pennington, San Francisco says:

April 25, 2012 at 1:37 am

My informal theory is that a small percentage of people are reliably criminal. Strong laws and regulations, with substantial punishment for violations, are made necessary by these people. Such laws also keep the rest of from thinking too much.

Reply
1. David Wolf says:
  
  April 26, 2012 at 5:23 pm
  
  As my dad once said, the test of a good law is that it keeps an honest man honest and a dishonest man in jail.
  
  Reply

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