Monthly Archives: November 2015

“He did a lot of bad things, and wrong things, and immoral things. perhaps. He didn’t intend to steal. He misappropriated funds, that’s completely clear. But he’s not charged with that.”

Richard Verchick, attorney for hedge fund manager, Mark Malik, in opening remarks to the jury in the trial of Mr. Malik on charges of stealing almost $850,000 from investors in his Wolf Hedge Fund. Stealing and misappropriating are tricky verbs, … Continue reading

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45% of us lie about the amount of debt that we have

Country Financial survey, November 18, 2015. The Barometer only wonders, in this day and age, does that mean we are misrepresenting on the high end? Or is the low end on the debt scale still a more favorable financial position? … Continue reading

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32% of Americans have passed off a store-bought Thanksgiving dessert as homemade

The Barometer has news for the nearly 1/3 dessert impostors. We can tell the difference. Unless you mess up the look of the pie crust, we know which are which. The messy crusts are the ones someone made. And, it … Continue reading

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“I always thought the infraction was like a traffic citation. But what I think of Tom, it hasn’t detracted from that.”

Hall of Famer quarterback Steve Young on Tom Brady and the Deflategate scandal. Hall of Famer Warren Moon added, “I guarantee you he had some knowledge. Those guys (handling the footballs) are not going to do it if it’s something … Continue reading

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The Real Life Billy Ray Valentine (aka Eddie Murphy), Goldman, and the Fed

Rohit Bansal, a former Goldman Sachs employee, entered a guilty plea to obtaining confidential (think secret) from the Federal Reserve Bank of New York and then using that info to further his career. Goldman fired Mr. Bansal, 30, after discovering … Continue reading

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“As the Bible says, we need to get past the time when ‘Each man does as is righteous in his own eyes.’ No enterprise (excluding patient care) ever, ever grew or succeeded as a result of pure righteousness. Usually success is propelled by greed, envy, or both. I thought you knew that.”

Dr. Robert N. Taub in an e-mail to a colleague as Dr. Taub was experiencing frustration in his quest for funding from Sheldon Silver, the former speaker of the New York State Assembly. Dr. Taub testified yesterday in the Silver … Continue reading

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