Ethics and the Financial Crisis
The financial debacle of 2008 and the fallout it caused to our economic infrastructure has increased corporate moral and social responsibility, creating a zero tolerance in our society for unethical behavior. Based on true-life experience and client case studies, this “no holds barred” presentation focuses on the costs of unethical leadership and steps an organization needs to take to instill guiding principles that become part of the corporate culture, including the ethical conflicts many investment advisors face in their role in guiding clients’ investments decisions.
Speaker | Richard Bowen
Richard Bowen, professor of accounting, Naveen Jindal School of Management, University of Texas at Dallas, was a former business chief underwriter, Citigroup, during the housing bubble financial crisis meltdown and saw firsthand the fraud inside the organization. According to the Wall Street Journal, CBS Evening News, and 60 Minutes, he is the Citigroup whistleblower who repeatedly warned Citi executive management about risky business practices and potential losses related to mortgage lending. Citigroup eventually stripped Mr. Bowen of all responsibilities and placed him on administrative leave. He subsequently testified before the Securities and Exchange Commission and provided them with 1,000 pages of evidence of fraudulent activities prior to the bank bailouts occurring three months later. His testimony has been widely quoted in numerous articles and pieces of litigation related to the meltdown, and he was a key witness the Financial Crisis Inquiry Commission in 2010.
Registration & Fees (USD)
Learners must watch the program in its entirety to earn continuing education (CE) credit. The following entities have accepted it for CE credit:
Investments & Wealth Institute®
- 1 hour of ethics CE credit for CIMA®, CPWA®, and RMASM certifications
- Automatically uploaded to account upon completion (may take up to 24 hours to be reflected)
This program is only available for online viewing through March 31, 2020, regardless of the date purchased.
Upon successful registration, learners will receive two emails: one including a transactional receipt and a second including navigation instructions for accessing the content. Please monitor your inbox and spam folders for these communications or contact the education department at firstname.lastname@example.org for assistance.