<p>First of all, I loved Peggy Noonan’s editorial. Secondly, don’t blame the schools. Not everyone ends up in corporate america without a shred of ethics. However, corporate culture is indeed to blame for the mess ups. You should read the authorized biography of Warren Buffet, The Snowball. The point made being that corporations became an interest group that served the interests of management and (sometimes) employees above that of the owners (stockholders). They looted the companies without producing value for their shareholders. Currently this goes a google for financial institutions in general.</p>
<p>However, not everyone is a thief with larceny in their hearts. Some execs are actually taking a small salary and trying to do a good job. Not enough, but some. Also don’t forget my favorite feel good in politics, Mayor Bloomberg and his one dollar salary.</p>