Sound governance is not some abstract ideal or utopian pipe dream. Nor does it occur by accident or through sudden outbreaks of altruism. It happens when leaders lead with integrity, when directors actually direct and when stakeholders demand the highest level of ethics and accountability. ~ J. Richard Finlay in testimony before the Standing Committee on Banking, Commerce and the Economy, Senate of Canada.
Once again, a whirlwind is about to separate American homeowners from their homes. While the devastation of Hurricane Katrina was an act of nature, the disaster involving subprime lending was entirely man-made. (more…)