If customer money is not segregated, there can be criminal charges. Wary investors will be unwilling to reenter a market marred by fiduciary breaches.
You also have to make sure you have the liquidity — cash on hand — to operate. Moreover, Corzine's lawyer says that Corzine "never directed Ms. On Thursday, Corzine, 64, was back in Washington, this time on the other end of the grilling that as a Senator he used to expertly dole out to executives and regulators.
Oct 5, Ethics in the News When employees tested positive for syphilis, Theranos whistleblower knew device was flawed Markkula Center for Applied Ethics's Theranos.
Bad judgment? Should the actions of either Corzine or O'Brien or both or neither be considered criminally negligent?
What role should or might have the firm's Ethics and Compliance Officer played in this drama?