Because Employees Can't Be Trusted

Photograph by Ryan McVay

Because employees can’t be trusted, we have put in place a massive system of policies and controls to make sure no one steps out of line. It costs hundreds of millions of shareholder and customer dollars to manage this system, but it must be worth it because we’re so certain our employees are untrustworthy—notwithstanding the fact that we hired every one of them ourselves.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.