Tag

Financial Ethics

All articles tagged with #financial ethics

"Family Real Estate Flip: Navigating Profits and Relationships"
personal-finance1 year ago

"Family Real Estate Flip: Navigating Profits and Relationships"

A man sold his home to his wife's son at a $100,000 discount, and now the son is selling it at a $250,000 profit. The man wonders if he's entitled to a cut, considering the discount and some loans given to the son. The advice is to first discuss the sale with his wife and consider whether the original price was fair. Ultimately, it's suggested that he should stick to the original deal and not ask for a cut, as mixing finances and family can lead to hurt feelings.

financeethics2 years ago

"Examining the Future of Effective Altruism Amidst High-Profile Controversies"

The philosophy of effective altruism, once championed by FTX founder Sam Bankman-Fried, faces scrutiny following his company's collapse. Critics question the integrity of the movement as it was associated with Bankman-Fried, whose financial practices have come under investigation. The future of effective altruism is now uncertain as it grapples with the fallout from its association with the disgraced crypto entrepreneur.

Clarence Thomas's Financial Ties Exposed: Cozying Up to GOP Megadonors and Accepting Gifts from Billionaires
politics2 years ago

Clarence Thomas's Financial Ties Exposed: Cozying Up to GOP Megadonors and Accepting Gifts from Billionaires

Justice Clarence Thomas, facing financial difficulties, once hinted at leaving the Supreme Court if lawmakers didn't raise justices' salaries, according to ProPublica. Thomas, who was accumulating debt, later developed questionable relationships with wealthy conservative donors. Documents obtained by ProPublica reveal that Thomas discussed raising the court's ban on justices giving paid speeches and sought a bill to delink Supreme Court justices' pay from other judges, Congress, and the Cabinet. While these efforts didn't materialize, Thomas continued to pursue financial benefits from wealthy benefactors, including billionaire Harlan Crow and the Koch brothers, raising concerns about potential impropriety. The Supreme Court adopted an independent code of ethics in response to public pressure over Thomas' financial dealings.