Airing on Tuesday, May 19, 2015: The San Francisco Federal Reserve suggests an improved way to crunch official growth statistics. The director of research at the San Francisco Fed says that there should be a second, final seasonal adjustment to GDP data—on top of the seasonal adjustments the Bureau of Economic Analysis (BEA) currently makes. Next: a new report shows that ethics continue to be an issue on Wall Street. Nearly one-third of those making more than $500,000 said they “have witnessed or have firsthand knowledge of wrongdoing in the workplace.” Why do the incentives of finance lure people to do wrong? And why is that so hard to change? We explore.
Airing on Tuesday, May 19, 2015: The San Francisco Federal Reserve suggests an improved way to crunch official growth statistics. The director of research at the San Francisco Fed says that there should be a second, final seasonal adjustment to GDP data—on top of the seasonal adjustments the Bureau of Economic Analysis (BEA) currently makes. Next: a new report shows that ethics continue to be an issue on Wall Street. Nearly one-third of those making more than $500,000 said they “have witnessed or have firsthand knowledge of wrongdoing in the workplace.” Why do the incentives of finance lure people to do wrong? And why is that so hard to change? We explore.
