Sometimes performance-driven organizations, with their intense focus on accountability, can be breeding grounds for fear and other problems. JP Morgan Chase is about to pay an 800 million dollar fine to settle a variety of violations with the big one being the London Whale fiasco where employees at the company were found to have deliberately hidden losses from senior management, regulators and the markets. The trust violation here is that JP Morgan Chase engaged in high-risk trading to increase profits, called it hedging and, when the bets went bad, they failed to report this material information in a timely manner to regulators and investors.
TopicsAbortion Adam L. Fried AIDS American Psychological Association Bioethics Catholic Church Celia B. Fisher Center for Ethics Education Children Clinical Trials Common Rule Education Elizabeth Yuko Ethics Facebook Fordham University Fordham University HIV and Drug Abuse Prevention Research Ethics Training Institute Health disparities HIV HIV Prevention Informed consent Institutional review board IRB LGBT LGBT Ethics Morality New York Times Peter Singer Psychology Research Ethics RETI Social Justice Stem cell United States Vulnerable populations
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