Obama: Companies that prioritize greed over good are heading for a reckoning

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Obama: Companies that prioritize greed over good are heading for a reckoning
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Obama is working on is foundation these days, where's he's focused on the leaders of tomorrow. And he's warning them to be good citizens.

And he's teaching young entrepreneurs two key ideas.

Barack Obama is focused on his foundation these days, where's he's running several programs that find and support the leaders of tomorrow. A for-profit company can't be expected to solve issues where there's no business case."There's no money to be made in taking care of say, badly abused kids. There's no profit in it. But it is part of what it means to be in a civil society," he said.

But the second thing he teaches is, while companies shouldn't be expected to focus on solving social issues, they are responsible for their own social track records.

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