Finance should be a servant, but never a master. So when accountants and auditors become the story because of systemic failures and corporate malfeasance you know something has gone badly wrong. As big accountancy firms are increasingly embroiled in corporate scandals, how do we clearly define their role so they actually serve society instead of continually maximising profit for private and personal gain?
Bribery and corruption is an inherent and unfortunate part of big business deal-making across the developed and developing world. But the idea that the Western corporate media would present domestic and foreign corruption as the same is unthinkable. Instead, viewers of the BBC are conveniently invited to vent their anger towards black politicians in far away places.
One can’t fault a casual reader for getting the idea that Spain takes its law and order seriously. The season finale of the Catalonia Spain drama seems to be drawing to an end. But for those more familiar with the country, this is an example of the Spanish government’s cynical hypocrisy. By amplifying a political problem into a full blown constitutional crisis, PM Mariano Rajoy and the Partido Popular (PP) are deflecting attention from the core issues facing Spain, namely their corruption.