Category Archives: News and Events

Describes new books, articles, and upcoming speeches.

Southwest and the Missing Maintenance Paperwork on Jets Purchased from Foreign Airlines

The FAA nearly grounded 38 of Southwest’s 737 fleet on the grounds that the planes had incomplete maintenance records. Inspectors on the ground said immediate action was necessary. The FAA’s head of the office of audit and evaluation said urgent … Continue reading

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Intel and the Drip-Drip Fixes, Again

In May, Intel released a fix for a series of security weaknesses in its processors. Users assumed the problem was fixed. However, some Dutch researchers found that the problem was not fixed, and six months later (November), Intel released another … Continue reading

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The Ex-CEO of McDonald’s: A Bit of a History There

Kudos to the Wall Street Journal for good old-fashioned journalism. The Journal uncovered that McDonald’s was investigating its former CEO, Steve Easterbrook, for weeks before the announcement of his departure. The company’s general counsel had conducted an investigation and reported … Continue reading

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The Feds Are Out and About Doing Interviews In Re: McKinsey’s Bankruptcy Work

There McKinsey is, right in the middle of that PGE mess of a bankruptcy. And there the Feds are doing interviews at Alpha Natural Resources and SunEdison and McKinsey’s work in their bankruptcies. The bankruptcy judges in both of those … Continue reading

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“I won’t even hold my wife’s hand this whole entire bye week because I do not want to get called for holding.”

Titans (I believe Tennessee?) offensive lineman (who knows what that is), who leads his team with 9 penalties in 6 games. The Barometer is grateful for this NFL player’s well said standard for avoiding penalties in football. Stay as far … Continue reading

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All Hail Occidental College

Yale, Georgetown, USC, and other universities were hit by operation Varsity Blue, the largest college-cheating scandal in history. Mastermind Rick Singer funneled money to the universities in exchange for their admission of the children of the wealthy. However, when Singer … Continue reading

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More Embarrassing Admissions Stuff

Oh, that College Board! Oh, those test scores! Oh, those colleges and universities! They are gaming the system. The College Board rakes in the dough by charging students to take PSAT, SAT, and AP tests. Then the College Board sells … Continue reading

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But the warning was generic . . .

Two weeks before the collapse of the Vale SA dam in Brazil that killed 270 people, Vale’s then-CEO, CFO, and other executives received the following anonymous e-mail: “We are facing great challenges ahead, our operations are lacking the minimum level … Continue reading

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Mattel CFO Leaves

This is one for the books, as it were. Mattel understated its losses in the third and fourth quarters of 2017 by $109 million. The mistake in losses resulted from an error in calculating an allowance for its tax valuation. … Continue reading

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SEC Investigates AIG for Sales Its Practices with Retirement Plans

The SEC is investigating AIG sales practices (in its Valic division) with schools districts. Part of the investigation includes looking into whether money Valic gives to schools for certain expenses even as it offers plans, advice, and products to those … Continue reading

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“Frankly right now all my internal warning bells are going off. And for the first time in my life, I’m sorry to say that I’m hesitant about putting my family on a Boeing airplane.”

Boeing employee e-mail to the head of the Boeing 737 MAX program during the plane’s production. The employee added that, “Our work force is exhausted. Fatigued employees make mistakes.” At the time of the design of the 737 MAX airplane, … Continue reading

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Former Representative Katie Hill and Her Second Chance

Former California Representative Katie Hill gave her last speech on the House floor on Thursday. Ms. Hill said, “I am leaving now because of a double standard. I’m leaving, but we have men who have been credibly accused of intentional … Continue reading

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When Mark Zuckerberg Looks Like a Statesman

The Barometer is no fan of Mark Zuckerberg, his hoodies, or his company, Facebook. However, it is a commentary on the intellectual level of members of congress when the man who became a billionaire through a marketing scheme planted within … Continue reading

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The Young London Bankers Who Created an International Ring of Insider Trading

Two young London bankers who share an apartment, Darina Windsor and Benjamin Taylor, also shared inside information that they had on companies, such as Merck, Amgen, and Celgene, with middlemen from 2012 to 2018. The middlemen then passed along that … Continue reading

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