Monthly Archives: January 2009

More Trickle

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“The dog ate my 1099.” Treasury nominee Timothy Geithner pleads “honest mistake” on taxes. He should be addressing the injustice of a double tax.

You can’t write stuff this good.  Treasury secretary nominee Timothy Geithner should get along well with Rep. Charles Rangel (D. N.Y.) who chairs the House Ways & Means Committee.  Working together they will be responsible for drafting, amending, and interpreting … Continue reading

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He ruined the product, maybe the brand.

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The Danger of the Trickle

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On Soccer Van Conversations

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The Russians Love Ikea, But The Government Isn’t So Crazy About the Company or Its Electric Generators

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Weeping Drywall in Florida

First, we had the pet food issues.  Next came the toys and lead paint.  Then we hit the infant formula.  Now Florida authorities are tying the walls in Florida homes that are weeping sulfur gases to the Chinese manufacturer of … Continue reading

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“I think his numbers merit inclusion and, if he cheated, so did others in his era.”

Lowell Cohn, writer who votes in the Baseball Writers’ of America’s Hall of Fame, who changed his vote in favor of Mark McGwire.  “Everybody did it,” ergo it must be okay. Mr. Cohn, we’re trying to keep the kids off drugs and … Continue reading

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“I don’t give any extra access to somebody that contributes. But I’ll remember that person, and I’ll say:’Jeez, that guy helped me. Maybe I can help him.'”

Gov. Bill Richardson, (D. New Mexico), 2007 interview.  Last week, Governor Richardson spoke about the grand jury investigation into contract steering alleged to correspond with campaign donations by those companies who benefited from the steerage (?), “In my view, the … Continue reading

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The Mystery of the General Counsel of BA

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Milgram Shocks Again

Professor Jerry Burger of Santa Clara University has finally put the doubts to rest.  Many psychologists have maintained for 40 years that the 1963 Stanley Milgram studies could never be repeated with the same results.  Milgram was the Yale psychology … Continue reading

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Citi and Satyam: Stunning Contrast

Two days after B. Ramalinga Raju, co-founder and now former chairman of Satyam Computer Services, Ltd, admitted that he had cooked the books for years, Indian authorities arrested him and his brother and fired the company’s board.  On the same … Continue reading

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Make them read The Ten Commandments before a test…

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Satyam: Once and For All, Beware the Signs

The Barometer is exhausted.  How many times must we live through these financial frauds before we refocus?  The announcement that Satyam, an Indian company that provided services for many of the Fortune 500, had a fictitious cash balance of $1 billion … Continue reading

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