I was just listening to an interview on CBC about financial shenanigans in a small Nova Scotia town. At some point in the interview the interviewee, a small business owner, suggested that it was clear that the town's finances now needed to be managed more along the lines of how a business would be run.
What I want to know if when businesses came to be seen as as models of financial propriety?
Is it not the case that there are frequently businesses that are involved in various financial skulduggery? My recollection is that the questionable use of business managed funds lead to the big economic downturn in 2008. And is it not also the case that Olympus is currently being investigated for the questionable financial management practices?
So in the face of countless examples of business/corporate mismanagement/questionable management of funds why are they seen as the examples that public sector should follow?
Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts
Thursday, November 10, 2011
Wednesday, September 19, 2007
A Few Quick Notes 114
-Today appears to be another beautiful day in Montreal. The only downside seems to be that the expected high will be approaching 26, which is a little warmer than I am interested in experiencing at this time of year.
-It seems that the Canadian dollar is now within 1 cent of the U.S. dollar. What seems striking about this is that none of my increased purchasing power has become apparent. In particular, I still seem to be paying more for books. A book I purchased a few days ago is $5.00 more in Canada than in the U.S. One would think that these differences would be a thing of the past. I guess vendors are taking advantage of our historical willingness to pay more than people in the U.S.
-Our mouse saga seems to be ongoing. While we have caught two, I have seen at least one more. I also worry that I have heard a fourth.
-Today is another day of back-to-back three hour classes. From 1:30-4:30 I have cataloging and then from 5:30-8:30 I have archives. Hopefully I won’t forget to pack a meal to consume between classes.
-It seems that the Canadian dollar is now within 1 cent of the U.S. dollar. What seems striking about this is that none of my increased purchasing power has become apparent. In particular, I still seem to be paying more for books. A book I purchased a few days ago is $5.00 more in Canada than in the U.S. One would think that these differences would be a thing of the past. I guess vendors are taking advantage of our historical willingness to pay more than people in the U.S.
-Our mouse saga seems to be ongoing. While we have caught two, I have seen at least one more. I also worry that I have heard a fourth.
-Today is another day of back-to-back three hour classes. From 1:30-4:30 I have cataloging and then from 5:30-8:30 I have archives. Hopefully I won’t forget to pack a meal to consume between classes.
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