This is the second of two articles on corporate reputation and social responsibility.
When the heads of major U.S. financial companies testified before a congressional committee in February 2009, angry lawmakers did not pull punches. The executives of major banks and investment houses, whose practices contributed to the worst recession in decades, continued to enjoy fat bonuses and lavish benefits while their companies were receiving government help.
“America doesn’t trust you anymore,” said Massachusetts Representative Michael Capuano, a Democratic member of the committee, in response to executives’ excuses.
See full Article.
Posts
