Ethics And Internal Culture

There’s a fascinating op-ed piece in the 3/14/2012 New York Times by Greg Smith, the former Goldman Sachs executive director and head of United States equity derivatives business in Europe, the Middle East and Africa. The author pours out his heart about the erosion of ethics and internal culture within the infamous firm since he joined 12 years ago (H/T Bruce Hembd), and it got me thinking about similar issues inside this business.

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The Trouble With Talking About Pensions

Although I don’t usually publish back to back articles linking out to posts elsewhere, there is another terrific contribution at Sticks And Drones you really need to read. But this one is from the blog’s co-author, conductor Ron Spigelman. His article addresses the enormously sensitive issue of pensions and ethical obligations.

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The Latest In Arts Management Scandal

It seems that instances of executive abuse, misappropriations, or out and out embezzlement within a nonprofit performing arts group are immune from the impact of economic downturns. The latest instance of this recession proof pastime comes to us from Carmel, IN where reports indicate that the former CEO for Carmel’s Center for the Performing Arts (CCPA), which is owned by the city of Carmel, was caught using institutional resources to carry …

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Seattle’s Pay-For-Play Trickle Down Effect

Seattle playwright Paul Mullin has been weighing in on the Pay-for Play scandal within the Seattle’s arts community that was examined here on 5/4/2010 (and even earlier @ Scanning the Dial). To paraphrase Mullin’s perspective, the decision by larger arts orgs to buy into the pay-for-play model as embodied by King5’s New Day Northwest program is ultimately self defeating but it’s the small budget groups who will suffer the initial brunt of diminishing returns…

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