Category Archives: News and Events

Describes new books, articles, and upcoming speeches.

On Being “Zoomed”

There were seven of us gathered for a birthday celebration. But there was fear in the air as we sang “Happy Birthday to you.” We all knew the possibility of something else in the air. A Swedish study that concluded … Continue reading

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S&P Says No to Tesla

The TD Ameritrade crowd was buying up the Tesla shares. Tesla was headed into the elite S&P 500 companies. However, Tesla did not make it, despite accumulated profits over four quarters. The market is puzzled. The market needs to look … Continue reading

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Mental Illness As a Defense to Fraud

The Barometer has said and written many times, upon studying the e-mails and texts of businesspeople later convicted of crimes related to their electronic messaging, “Who does this?” Or, “What kind of fool would put that in writing?” From Anthony … Continue reading

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Boeing’s 787 Dreamliner Is Under Review

Warren Buffett once said of companies that experience difficulties that the difficulties continue to emerge following their initial problems and headlines. He compared it to turning the light on in the kitchen in the middle of the night. You are … Continue reading

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McDonald’s and Its HR Department

When HR is weak on investigating complaints and doling out discipline, you get exactly what McDonald’s is going through now. An ugly lawsuits by the board against the company’s departed CEO. The allegations are that Mr. Steve Easterbrook had three … Continue reading

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Kitty Genovese’s Neighbor and Friend: Sophia Farrar

On the night of March 13, 1964, Kitty Genovese died at the hands of an assailant as 38 “respectable, law abiding citizens” of Kew Gardens in Queens, NY that heard her cries did nothing. The story became one of the … Continue reading

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The UAW — When the Leadership Is Corrupt

The latest indictment in the UAW’s long and corrupt history is Dennis Williams, former president (left in 2018). The indictment alleges that Mr. Williams and others used union funds total trips to Palm Springs, California and Missouri. The UAW paid … Continue reading

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Teva: The Pharmaceutical that Could Not Reach a Justice Department Deal

Teva, an Israeli-based pharma, has quite a market in generic drugs for high cholesterol, blood clots, and skin conditions. However, in an indictment filed by the Justice Department last week, Teva is accused of engaging in price-fixing and bid-rigging with … Continue reading

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International Honesty in Data

The World Bank publishes a report called, “Doing Business.” The report ranks countries according to their regulatory environments. Countries can improve their rankings by reducing bureaucratic burdens on starting a business and expanding access to electricity. However, since 2018, everyone … Continue reading

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Honesty in Data and Its Presentation

The COVID-19 virus has certainly had its share of controversy. Lack of honesty in presenting data to the public does not help. One of the more blatant misrepresentations was uncovered in Kansas through a freedom of information request made by … Continue reading

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Wirecard: The $2 Billion in Cash That Did Not Exist

“Tis quite an accounting error at the German company, Wirecard. The company’s value went from 13 billion (Euro) in June2020 to 200 million (Euro) in August 2020. Wirecard owns a bank and does payment services and suspicions about fraud had … Continue reading

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The $4-Million Revenue Requirement for AMEX Corporate Cards: Close Enough

A manager at American Express is in the news because she alleges that she was suspended for raising issues about the sales tactics of AMEX employees charged with sales of the company’s corporate card. Sophia Lewis and other employees say … Continue reading

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The FBI Lawyer Who Altered an E-Mail to Get a Warrant

It feels as if the politics get in the way of the serious nature of the conduct of former FBI lawyer, Kevin Clinesmith. In order to represent that Carter Page, who was an adviser to the Trump 2016 presidential campaign, … Continue reading

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McDonald’s Pursuing Former CEO Steve Easterbrook for His Severance Pay

The board of McDonald’s kinda, sorta did an investigation into the conduct of their then CEO, Steve Easterbrook, in November 2019. The board concluded that they did not have enough evidence to show that Easterbrook’s behavior (sending sexually explicit text … Continue reading

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