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Columnists
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Roger on Risk
By Roger Crombie Rock Heads Rule!
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Workers' Comp
By Peter Rousmaniere An Honorable System No More
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The Law
By Philip G. Kircher Supremes' Pro-Business Beat
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Risk Management
By Joanna Makomaski Building Muscle
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What a joy it must be to be a banker these days. The phrase "laughing all the way to the bank" comes to mind. Following the actions of cowardly governments on both sides of the Atlantic this year, bankers have been relieved of responsibility for their actions. Moral hazard? You must be joking. In France, Societe Generale lost $7 billion; no one resigned. 
Lynn Szymoniak, a former executive for the National Council on Compensation Insurance, has developed a legal specialty in rooting out abuses by both employers and insurers. Speaking to an audience in South Carolina, she estimated that 20 percent of the state's payroll is not covered by either insurance or self-insurance for workers' comp.
As Sonny and Cher sang it, "The beat goes on." And the business beat certainly goes on in the Roberts Supreme Court, which continues to render important antitrust and securities decisions and others favorable to business defendants. Case in point: Stoneridge v. Scientific-Atlanta.
We have all been there--working out at the gym following yet another overindulgent Christmas buffet, vowing to ourselves that this year we will work out every day. We will wake up early every morning, exercise for an hour and maintain a healthy lifestyle. What is more important than that?
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© Copyright 2008 LRP Publications. All rights reserved.
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