Earl,

Money is used to keep score. If you have it you are a "winner".
There is no mention about how you got it.
That is a separate issue. This is the ultimate "conflict of interest"!

If you don't "get caught" you are the big cheeze!

David A. Douthit
Manager
LoCan LLC

Earl Moon wrote:

> CEO's hu?
>
> How about this for ethics:
>
> NEW YORK (AP) -- In one of the largest fraud cases resulting from the
> terrorist attacks, thousands of people are accused of using ATMs to steal
> $15 million from a municipal employees' credit union whose computer security
> system was damaged on Sept. 11.
>
> Sixty-six people have been arrested and 35 more were being sought in the
> scheme, authorities said Monday.
>
> District Attorney Robert Morgenthau said the suspects found a way to
> repeatedly withdraw up to $500 a day from ATMs -- even if their accounts at
> the Municipal Credit Union couldn't cover it.
>   LEGAL RESOURCES
>
> Latest Legal News
>
> Law Library
>
> FindLaw Consumer Center
>
> The problem stems from September 11, when the attack on the World Trade
> Center damaged a nearby building housing the credit union's computer system.
>
> Credit union officials soon realized they could not properly monitor the
> computer network that handles automated teller transactions. But they
> decided to allow withdrawals without the normal banking safeguards so they
> would not offend members affected by the tragedy.
>
> "This is a prime example of no good deed goes unpunished," Morgenthau said.
> "People took advantage."
>
> He said as many as 4,000 people manipulated the system to overdraw their
> bank accounts by at least $1,000. Of that group, more than 540 credit union
> members exceeded their balances by more than $5,000.
>
> According to authorities, a 54-year-old nurse made 54 cash withdrawals from
> September 18 to the end of October, leaving her with a negative balance of
> $18,111.
>
> And on it goes with no apparent end FOR YOUR ETHICS AT ANY LEVEL
>
> MoonMan
>
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