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Sklover’s Thought for the Week
Posted By Alan Sklover On January 18, 2010 @ 1:00 am In Thought for the Week | No Comments
“In today’s regulatory environment, it’s virtually impossible to violate rules. It’s impossible for a violation to go undetected, certainly not for a considerable period of time.”
- Bernard Madoff
All the regulation in the world will not put an end to thievery, corruption and fraud. To eliminate them all, it takes just one simple ingredient: personal accountability. Just ask Bernie Madoff; the 150 years of “personal accountability” he received has surely helped him halt his bad habits. At work it is right to hold others accountable, provided you hold yourself accountable, first.
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