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April 21, 2014

Andrew Silow-Carroll: Passoverkill? Suggestions to make next year's seders even more culturally sensitive

Sara Israelsen Hartley: Seeking the Divine: An ancient connection in a new context

Christine M. Flowers: Priest's execution in Syria should be call to action

Courtnie Erickson: How to help kids accept the poor decisions of others

Lizette Borreli: A Glass Of Milk A Day Keeps Knee Arthritis At Bay

Lizette Borreli: 5 Health Conditions Your Breath Knows Before You Do

The Kosher Gourmet by Betty Rosbottom Coconut Walnut Bars' golden brown morsels are a beautifully balanced delectable delight

April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review July 31, 2014 / 4 Menachem-Av, 5774

Doing Well by Doing Good --- but Better by Doing Bad

By Froma Harrop



http://www.JewishWorldReview.com | How curious to watch "60 Minutes," the famously hard-hitting TV newsmagazine, bless JPMorgan Chase CEO Jamie Dimon with prime-time beatification for hiring some interns from poor backgrounds. The segment's headline is "Jobs program benefits Fortune 500 and underprivileged youth."

"Many of the country's most powerful CEOs are finding that they can do well by also doing good," growls Morley Safer like the war correspondent he once was.

The subject is Year Up, a "boot camp" that grooms struggling young people for corporate jobs. Let's say this right off: Year Up is a wonderful program. Founded by tech entrepreneur Gerald Chertavian, it deserves the highest praise.

But there's Dimon sharing the glory for doing the smallest of good — very small, given the Wall Street behemoth's $18 billion annual income. Safer's questions are so affectionate that Dimon almost seems embarrassed being asked them.

"Now firms like J.P. Morgan are actually paying Year Up $23,000 per intern," Safer says with awe. Actually, the investment bank's hotshots spend more than that on one month's American Express bill.

"Has that investment paid off for you?" Safer asks.

Yes, it has, answers Dimon. His company has done well by doing good.

But it's done so much better by doing bad.

For instance, JPMorgan Chase recently settled government charges that it palmed garbage mortgages on unsuspecting investors. At the bottom of this subprime-mortgage food chain were the low- and moderate-income borrowers milked by exploding interest rates and punishing upfront fees. Many lost their houses in the inevitable financial collapse.

Since 2011, JPMorgan Chase has made an estimated $185 million helping American companies renounce their U.S. citizenship to avoid paying taxes in this country — all the while staying put. We speak of the "inversion" loophole, whereby a company merges with a smaller one in a lower-tax country and then claims to be based there.

President Obama has called companies exploiting this tax trick "corporate deserters." Exploitation of the loophole is expected to deprive the U.S. Treasury of close to $20 billion over the next decade. Other taxpayers will have to fill the gap — or we could cut government programs, including those that help "underprivileged youth."

The investment banks say that if they don't do the deals, their competitors will. That may be true, but Wall Street owns Congress. If JPMorgan Chase really wanted to make a patriotic gesture, it could lead an industrywide campaign urging Congress to end the dodge.

Don't these societally damaging activities rate at least a dishonorable mention on "60 Minutes"? Worry not. The newsmagazine markets itself as hard-nosed investigative journalism, so it will get around to the "uncomfortable" part — to the ugly details. Right?

"It's no secret that Wall Street's image has been tarnished over the last couple of years," Safer eventually says, letting mild skepticism creep into his voice. He's so scary that Dimon feels obliged to respond with a sheepish laugh.

Safer goes on: To what extent is this activity "window dressing" to show "civic responsibility"?

Dimon responds: "I think we are civically responsible. We don't want to drive successful people down. You want to get people who don't have the opportunity, you want to give them the opportunity."

And "60 Minutes" lets it go at that.

"60 Minutes" still does some great investigative pieces, but sheesh. Sometimes that clock ticks down in a sad way.

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