Article: Covering Up Naked Shorts

Article - Media
12875

Covering Up Naked Shorts

Harvey Pitt

Forbes, 11 July 2006

As crisis after crisis afflicts the business community and our capital markets, all too often the response is a form of reverse laissez faire. Business waits for government to tell it three things: if it has done something wrong, why it’s wrong and how to fix it. The ineluctable result is that, like Rick’s crooked police pal, Captain Renault, in the movie Casablanca, we’re “shocked, shocked to discover” we don’t like the government’s responses.

Read full article.

12875