Most of the time, going to our blog you expect to see a highlight on a story that shows why boards should do better background checks on their CEOs, etc. Although the hits from stories about corporate figures that everyone loves to hate are wonderful, occasionally you have to give credit where credit is due. Some of the banks that are returning a portion of the bailout money they used are worth that mention. It compares to a person correcting the wrongs in their life.
USA Today has a great article on Goldman Sachs and a few others that are doing just that. Please Click Here to check it out. This is an example of “the bad kid making good”, or even the individual that had a bad credit rating, paying those charge-offs back and rebuilding their credit reputation. Sometimes you can’t just read everything as “black and white” nor see the past as the definition of an individual or a company.
-Lawrence C
IT Tech (ciilink.com)
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