Monthly Archives: November 2018

Bayada Home Health Care CEO Gives $20 mil to Employees

Mark Baiada, the founder of Bayada Home Health Care, announced at an employee luncheon that he was giving employees $20 million from his personal funds. New hires will get $50 and some of the long-term employees will be getting five … Continue reading

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89% of Parents Admit Hiding Snacks So That They Can Enjoy Them First

The little cherubs just scarf those things up! But, we teach our children to, “Be nice. Share!” Do what I say, not what I do.

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Ex-President of Michigan State Charged with Lying About Nassar Gymnast Investigations

Lou Anna K. Simon, former president of Michigan State, was charged with two felony counts of lying to investigators. The investigation into the allegations of sexual abuse by Dr. Larry Nassar (the USA Gymnastics team physician) resulted in criminal conviction … Continue reading

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More Shenanigans Found at USA Gymnastics

The Indianapolis office of the FBI was headed by Jay Abbott. That office declined to investigate gymnasts’ sexual abuse allegations against Larry Nassar, the longtime physician for the USA Gymnastics women’s team. The refusal to investigate is now the focus … Continue reading

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Bonuses When Execs Run Sears into Bankruptcy Court

The Sears story just gets curiouser and curiouser. Sears has filed for Chapter 11 bankruptcy. The former chairman and CEO, Edward Lampert, resigned from those positions because his hedge fund, ESL Investments, Inc. is the only bidder for the purchase … Continue reading

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Carlos Ghosn: CEO of Nissan and Renault Arrested; How Are the Mighty Fallen?

Ghosn’s co-chairman at Nissan said of the charges of using company money for personal expenses and under-reporting his earnings, “Looking back, the concentration of power was something we needed to deeply reflect on.” Actually, you just needed to audit the … Continue reading

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Louisville: Communication of Standards in Hiring and Firing

The clearest messages that an organization sends come through hirings, firings, promotions, bonuses, and all items HR. What organizations tout and say actually matter very little when it comes to ethical culture. What they do is who they are. Enter … Continue reading

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Contrasts: A Senseless Act & A Senseless Act of Courtesy

Over the past month, the Barometer noted two articles that presented a stunning contrast. The first, by Bob Greene, in the October 20-21, 2018 Wall Street Journal. Mr. Greene told a story that unfolded during a Sunday morning walk. An … Continue reading

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The Tesla Purchasing Manager, $9.3 Million Embezzlement, & Internal Controls

A federal grand jury had indicted former Tesla purchasing manager, Salil Parulekar, for operating a $9.3 million embezzlement scheme. In a nutshell, here’s what happened: 1. Mr. Parulekar, part of Tesla’s supply management group, was in charge of Tesla’s relationships … Continue reading

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Tiger Woods Turns Down $3.5 Million for Saudi Tournament

Although the media coverage seems determined to attribute Tiger Woods’s decision to decline $3.5 million to play in a Saudi tournament to age factors, more than a few of us have been able to drag our old bones out for … Continue reading

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Jim Acosta Accosts a Young White House Aide

She remains unidentified, but the young White House aide who was pushed away by CNN reporter, Jim Acosta, is owed an apology. The president had ended his question time, and her job was to take the microphone. Mr. Acosta refused, … Continue reading

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Under Armour Gets Way Harsh on Corporate Credit Cards

Per company e-mail, Under Armour employees can no longer charge strip-club visits on their corporate credit cards. These are the times that try men’s souls. They follow on the heels of the times that tried the souls of the women … Continue reading

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Accounting News from Apple, Tesla, and GE

As if GE did nor have enough troubles: CEO ousted, flaws in its power-plant turbines, dividend cut yet again, and now the Justice Department has announced criminal probe into its accounting. The SEC is already there on accounting issues. The … Continue reading

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What Do I Owe My Severely Disabled Parents?

Question asked of The Ethicist in the New York Times on Sunday, November 4, 2018. Like shopping at Tiffany’s, if you have to ask the price, you cannot afford it. If you have asked the question, you already have the … Continue reading

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