Thanks to the CBC for shedding light on Manulife's secret slap on the wrist.
To summarize:
1) "We operate the highest ethical standards anywhere in the world," says the Manulife CEO.
2) Manulife deliberately chose to loosely interpret the regulations, which was against the law.
3) Manulife negotiated a deal to keep the mess secret.
So much for corporate social responsibility ... or the boss's credibility.