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Before his execution, Socrates was visited in prison by his friend
Crito, who told him the bribes for the guards were ready and Socrates
could escape whenever he wished. Socrates refused to go.

Crito, angered, argued Socrates would a) leave his children orphans
and b) bring shame on his friends, because people would assume they
were too cheap to finance his escape. (Apparently, this sort of thing
was common in Athens in those days.)

ATLANTA (March 30) -- Just in time for April Fool's Day, Earth Day 2000, the consumer clearinghouse for the environmental decade, released ''Don't Be Fooled,'' its annual report highlighting the top 10 greenwashers of the previous year.

The Bank of New York Mellon was named the master custodian firm overseeing the Treasury Department's $700 billion bailout fund. It will hold and track the distressed assets that the government will buy as well as run and report on the auctions used to buy the assets. Government officials called it the "prime contractor of the purchase program."

UBS AG, the Swiss bank battered by massive write-downs and its role in a U.S. tax-evasion scheme, announced the surprise departure of chief executive Marcel Rohner. Mr. Rohner's sudden departure comes after UBS agreed earlier this month to a $780 million settlement with the U.S. Justice Department of a criminal inquiry into the bank's role in the tax evasion.

Prosecutors pursuing the fraud at Satyam Computer Services Ltd. said Tuesday the Indian technology outsourcer's founder, B. Ramalinga Raju, should be denied bail because he could slow the investigation if released.

As Bank of America's board meets next week, shareholders have turned up the pressure on CEO Kenneth D. Lewis. Their scrutiny has also turned an unusual spotlight on the oversight role played by the bank's board members.

In the wake of the Bernard Madoff Ponzi scheme scandal, the SEC has brought cases involving losses of over $200 million since the beginning of October last year, including one against the disgraced Democratic donor Norman Hsu and North Carolina-based Biltmore Financial.

Robert Rubin will resign from the beleaguered Citigroup. As Treasury secretary during the Clinton administration, Mr. Rubin helped loosen Depression-era banking regulations that made Citigroup's creation possible. He also helped beat back tighter oversight of exotic financial products during that time.

Judge Louis L. Stanton of United States District Court has established Wednesday as the deadline for Bernard L. Madoff, who is accused of operating a $50 billion Ponzi scheme, to provide federal securities regulators with a full accounting of his and his New York firm's assets - from real estate to art works to bank accounts.

As regulators and shareholders sift through the rubble of the financial crisis, questions are being asked about what role lavish bonuses played in the debacle. Scrutiny over pay is intensifying as banks like Merrill prepare to dole out bonuses even after they have had to be propped up with billions of dollars of taxpayers' money.

Nike's website allows visitors to create custom shoes bearing a word or slogan -- a service Nike trumpets as being about freedom to choose and freedom to express who you are. Confronted with Nike's celebration of freedom and their statement that if you want it done right, build it yourself, I could not help but think of the people in crowded factories in Asia and South America who actually build Nike shoes.

Originally posted Tuesday, October 14. 2008 -- It is an extraordinary time. On Friday, the Washington Post ran a front-page story titled, "The End of American Capitalism?" Today, the banner headline is, "U.S. Forces Nine Major Banks to Accept Partial Nationalization."