Monthly Archives: October 2020

Ethics When No One Is Looking: Airbnb and the Party Houses

As they saying goes, our true ethical standards are clear by our behaviors when no one is looking. There is an interesting way this principle comes out in business. When a company is attempting to go public (have its IPO … Continue reading

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Barbie Brings Mattel Sales and a 60% Increase in Share Price

The Wall Street Journal reports that Matte’s Barbie line is doing very well. Barbie is revitalized, groovy, but, at the same time, good at math. Barbie has been around for 60 years, but has not aged one bit. She’s not … Continue reading

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Purdue Settles Opioid Marketing Charges with Feds

Purdue Pharma LP has agreed to enter a guilty plea to three felonies related to the company’s marketing and distribution of OxyContin. The penalties and fines would total $8.34 billion. The federal government will get $225 million and the remainder … Continue reading

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Speaking of Bribery: North Carolina Insurance Executive Reports to Prison

Greg Lindberg, an entrepreneur, began purchasing small insurance companies in 2014 and then used the insurers to make loans to himself. $2 billion in loans. He was convicted of two counts of conspiracy to bribe the North Carolina insurance commissioner. … Continue reading

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Goldman’s Day in Criminal Court: A Guilty Plea

It is a first for the company that has been laddering, short-selling, and backing not so backable mortgage-backed securities. Goldman-Sachs entered a guilty plea to charges tied to bribery charges related to paying $1 billion in bribes in order to … Continue reading

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The Ransom of Governors Northam and Whitmer

A Michigan-based group known as the Wolverine Watchmen were disbanded when the FBI got wind of their plans to kidnap Michigan’s Governor Gretchen Whitmer and Virginia’s Governor Ralph Northam. Their goal was apparently, “LIBERTY!” Fed up with COVID-19 controls, these … Continue reading

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About the Voter Fraud Thing

The Barometer received two voter solicitations from the “Voter Participation Center” in her Marianne M Jennings LLC PO Box. However, the ballot solicitations were addressed to one Kathleen Diane Stash. The post office box has been under the control of … Continue reading

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Wells Fargo Fires 100 Employees for Fraud in COVID-19 Program

The Barometer has nothing more to say. Just re-read the posts since 2016 on the long string of ethical issues and cultural mishaps at Wells.

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“A Little Razzle-Dazzle to Juke the Algos”

If you did not quite catch the drift of this groovy lingo, the Barometer can help. The line is from an e-mail of a JPMorgan Chase trader during the eights years of spoofing Chase had going on in metals and … Continue reading

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