Swindler's List

Goldman Sachs, as you know, has been the latest entrant into the list of multinational organizations that have been charged with defrauding their investors and customers! Adding another string of shams to a long list which has emerged forerunner in the news, thanks to a hyper recessive state of the market, this falling of corporations like a house of cards, emerged noticeable enough in the eyes of the world after the Enron fiasco in October 2001. Since then, monolithic conglomerates which were hitherto blue chips of the industry have been going under in unimaginable numbers!

My point is that of disgust! These supposedly clean-slate businesses have long emphasized on corporate governance and transparency while claiming to uphold the values of corporate etiquettes and what not! In doing so only on paper, while amassing colossal profits and dishing out hefty bonuses to their leadership branch,  they have unduly harassed their employees into making them clock extremely long hours under very high pressure, often in the most derelict circumstances, something that is almost always never addressed, despite the presence and operations of supposedly superior human resources functions.

Those of you, who are part of the corporate culture know very well how integrity and transparency are mere buzzwords etched only in glossy presentations and brochures, their meaning, letter and spirit never practiced even in the least possible measure.

Is it therefore worth the effort to be enslaved to such well crafted evil that totally disregards human capital and its potential, while instances of white collar crime such as creative accounting, just to name among the very many, goes unpunished?