Monthly Archives: January 2019

More McKinsey Issues: More Than a Conflict

The bankruptcy of SunEdison took an interesting turn with a court filing by an attorney for one of SunEdison’s creditors. The filing, based on an investigation that the SunEdison board launched after receiving reports from employees, alleges that McKinsey and … Continue reading

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The Treasury Secretary on Private Jet of Junk-Bond King Milken

The Barometer has a question: What kind of government regulations could look at a flight by the U.S. Secretary of the Treasury on the private jet of a convicted securities fraudster and conclude that no ethics waiver was necessary? Treasury … Continue reading

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More on Pharmas and Addiction

Purdue Pharma has been running ads about its role in stopping the opioid crisis. However, a court filing reveals that members of the Sackler family, founders of Purdue, took a slightly different track upon learning of abuses of their prescription … Continue reading

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Connection Between Gifts and Payments to Docs and Opioid

A study published Friday in the JAMA Network Open finds a link between those counties in which physicians receive the highest number of gifts and payments from pharmaceutical companies and the rate of opiod overdose in those counties. Scott E. … Continue reading

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New Study: When They Change the Wording in the Earnings Reports– Be Afraid

In a working paper, “Last Prices,” economist professorsLauren Cohen, Christopher Malloy, and Quoc Nguyen, gathered together the annual (10-k) and quarterly reports (10-q) of publicly traded companies and discovered something investors should consider: the numbers are not the answer; the … Continue reading

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They Never Do Just One Thing

Hacienda Health Care in Phoenix is under investigation for two reasons: A woman who has been in the Center since she was 3 in a comatose state was sexually assaulted. Since the now 29-year-old woman cannot speak or move on … Continue reading

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The Lying Thing

Over the past few weeks, the newspapers have been delving into the subject of lying. ¬†The Mueller investigation has resulted in criminal charges for lying to various folks (FBI, Congress, Mueller and his folks). ¬†Books have been written about lies … Continue reading

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What Do Clients Want From Consultants?

The Barometer has done quite a bit of work with companies and organizations that are grappling with the fallout from ethical lapses. One common thread that emerges in gathering information about how these folks got into difficulty — they all … Continue reading

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Carlos Ghosn: Oh, the Hubris!

There is little question that Carlos Ghosn, the former CEO and Chairman of the Board of Nissan, has experienced a stunning fall from iconic businessman to a jail cell in Tokyo. His arrest was based on charges of his failure … Continue reading

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One For the Books: The Businessman Who Paid the Cop is Convicted; The Cop Is Acquitted

It was a New York City corruption trial, so that may explain a great deal. However, even by New York City standards, this is one for the books. Businessman Jeremy Reichberg, AKA “the fix-it guy” expected favors from the NYPD, … Continue reading

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Truth Percolates: Sometimes Through a PowerPoint Slide

Boeing was desperate for titanium — the nuts, bolts, rivets, washers, all thousands of them for its new Dreamliner aircraft (its fuel-efficient competition to the super-size Airbus). The parts had to be titanium because of the weight issues. However, in … Continue reading

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