Recently, I read several reports criticizing GE for not paying USA corporate taxes on a consolidated basis in 2010. But I could not find one commentary accusing GE of breaking USA taxation laws. These reports complained GE took advantage of tax laws to lower its taxes. Did any of these commentators volunteer to pay extra […]
Globalization is not inherently bad, but raises moral, and ethical issues with personal and corporate financial effects. How a firm views globalization will depend on its values. To be sure, many North Americans reap huge benefits from globalization.
The goal must be to minimize effects of this crisis. Financial institutions must be ready to help homeowners who can afford realistic renegotiated mortgages–a time-consuming case-by-case approach.