Monthly Archives: July 2018

Nursing Home Staffing Levels: The Truth Has Percolated

For yers we have heard complaints from family members: The staffing levels are too low at nursing homes. Yet, the records showed that the mandated levels were being met. The mystery is now solved, and the truth shows gaming. All … Continue reading

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“I would suspect that some of the issues that we’re dealing with now and cause one apoplexy would have probably been swept under the carpet ten years ago. If you really want to run the business, you need to get involved in this level.”

The late Sergio Marchionne, former CEO of Chrysler. Mr. Marchionne was explaining to a Wall Street Journal reporter in 2010 why their interview was being interrupted for updates on a door-latch issue on a new version of the Chrysler Dodge … Continue reading

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“Just a Process Crime”

The Barometer hears this phrase over and over again. Certainly there are folks who have not been convicted of crimes who are still charged with crimes. The biggie is lying to the FBI. Most people mistakenly state that Martha Stewart … Continue reading

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SoFi’s Ex-CEO Has A New Company: Two Board Members Who Ousted Him Invested $17 Million

In September 2018, Mike Cagney was removed as CEO of Social Finance following questions about his sexual misconduct. The internal investigation found that Mr. Cagney was involved romantically with an employee despite his denials to the SoFi board that he … Continue reading

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Sheldon Silver: Former Speaker of NY State Assembly Sentenced to 7 Years

And a $1.5 million fine. The former speaker was twice convicted of corruption charges, once following a reversal by a federal appellate court. At the heart of the charges and eventual conviction was Silver’s funneling of $500,000 in State Health … Continue reading

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The Mess at USC

On the heels of the mess at Penn State, the mess at Michigan State, and the new mess at Ohio State, we have more developments in the mess at USC. Dr. George Tyndall, formerly a gynecologist at the student health … Continue reading

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When Will Business Journalists and Tesla Shareholders Stop Pretending?

Tesla is a struggling company. That simple statement needed to be made, but no one seems willing to make it despite headlines such as “Tesla Squeezes Its Suppliers, and Investors Squint at Its Profit Plan.” Tesla cannot raise more money … Continue reading

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When Will We Learn? The Ethical Issues in Posting Ourselves and Others

Olympic swimmer Ryan Lochte, he once of blue hair fame and fabricated gasoline station heists in Brazil, posted a video of himself in a Revival IV Lounge in Gainesville, FLA receiving an IV drip (hence the name of the joint). … Continue reading

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Being Judged By What Our Grandfathers Did

Walker Stapleton, who holds a Harvard MBA and has been Colorado’s state treasurer for two terms, is running for governor. His grandfather, Benjamin Stapleton, served a Denver’s mayor for five terms. However, Benjamin Stapleton was a member of the Ku … Continue reading

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Missing the Cut by Two Strokes: A Story of Integrity

Emma Pister tells a story of exemplary integrity. Competing for one of five slots that would fine her in the state golf competition, a high school senior found herself experiencing the natural stress and pressure a game of golf with … Continue reading

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The Little Noticed Part of the OIG Report on the Clinton E-Mail Investigation: Peter Kadzik

Thanks to Eric Felten, I turned to p. 461 of the OIG Report on the FBI/Justice investigation of the Clinton e-mail issues and found one Peter Kadzik. Mr. Kadzik did not recuse himself from the investigation despite several issues outlined … Continue reading

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Now That’s A Conflict: The Sordid Tale of John Schiller and Energy XXI

John Schiller, former CEO of Energy XXI Ltd., has settled an SEC investigation by paying $180,000 and agreeing to a five-year ban as a corporate officer of a public company. The SEC, in announcing the settlement, alleged that Mr. Schiller … Continue reading

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Truth Percolates: Nursing Home Pay Records Reveal Low Staffing Levels

The families of nursing home residents, many of the homes rated quite high by the federal government, had long complained that staffing levels were inadequate. Residents were not being turned to prevent bedsores. Baths were being skipped. Medications missed. But, … Continue reading

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Temple Business School Submitted False Numbers for Rankings of Its Online MBA Program

Temple University hired the Jones Day law firm to conduct an investigation of the school’s Fox Business School. The investigation concluded that under the leadership of the dean of Fox false information had been sent to at least one of … Continue reading

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