Category Archives: News and Events

Describes new books, articles, and upcoming speeches.

He’s Out and He’s Back! Jeffrey Skilling Released from Prison

If you are looking for an investment, not to worry. Jeffrey Skilling is meeting with former Enron executives to form a new energy venture. He’s looking for backers. Get out your wallets!

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Rappers Question Fiscal Responsibility with Their Tax Dollars

2 Chainz and Cardi B have had a harsh reality. Like the Beatles and their “Tax Man,” the successful artists have learned that the IRS does take a chunk once you land in those higher income brackets. They are upset … Continue reading

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Deja Vu All Over Again: Bribery in the 2020 Olympic Games

The Summer Olympics will be held in Japan in the summer of 2020, a selection that was made in 2013. The head of the Japanese Olympic Committee will resign in June because investigators have uncovered a vote-buying scandal that swayed … Continue reading

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“You start thinking you’re invincible and you can do no wrong. Then zappo.”

The late Karl Eller, former CEO Circle K Corporation and Combined Communications. Mr. Eller has a life story worth a study. His father left his mother and his two siblings when Mr. Eller was five years old. He began his … Continue reading

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“I am not aware of any wrongdoing on my part.”

Martin Winterkorn, former CEO of VW in 2015 when the VW falsified emissions test scandal emerged. Mr. Winterkorn resigned shortly thereafter. VW settled the emissions scandal with the EPA for $25 billion. However, on March 15, 2019, the SEC filed … Continue reading

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The Ethics of Parenting

Three incidents in the news caught the Barometer’s eye that involve “parenting,” and bad judgment. 1. The kiddos storming Senator Diane Feinstein’s office, demanding action on climate change. Most analyses of the video focused on Senator Feinstein’s alleged arrogance in … Continue reading

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Former KPMG Partner Convicted

David Middendorf, the former national managing partner for audit quality at KPMG, was convicted of four of five counts of conspiracy and wire fraud. Mr. Middendorf’s strategy waster audit qualify was an interesting one: obtaining information from employees of the … Continue reading

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“To be honest, I’m not worried about the moral issue here. I’m worried about the, if she’s caught doing that, you know, she’s finished.”

Gordon Caplan, private equity lawyer and co-chairman at the law firm, Wilkie Farr & Gallagher LLP, named “Dealmaker of the Year,” by American Lawyer, who was arrested in the Varsity Blue admissions scandal for his efforts with William “Rick” Singer … Continue reading

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Wells Fargo: Regulator Considers Mandatory Removal of Execs

Every business line at Wells is under investigation by the Justice Department, the Securities Exchange Commission, and/or the Comptroller of the Currency (OCC). Here’s how bad things are: The OCC has spent so much time at Wells Fargo that it … Continue reading

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Whoa, Nelly! Hollywood Stars, the Rich, and College Cheating

The allegations in the federal indictment outline one heck of a cheating scandal so that the wealthiest parents could get their children into the top-ranked schools. The schools are variously described as “elite” and “best.” The Barometer, having spent four … Continue reading

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The Definitions of “Self-Made” and “On My Own”

Following a seminar, a participant approached the Barometer with an interesting story. He noted that his niece had posted photos of her new apartment and boasted in the not-so-private Facebook that she was finally “on her own” and completely “independent.” … Continue reading

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“Doublespeak”

A quote from Wells Fargo internal blog on the bank’s incentives and Pau and ethics. One employee, and a union activist said in an interview with the New York Times, “There’s a sense among the workers that most of the … Continue reading

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Corruption in Nassau County: Convictions as Briber Turns on Bribee

It was a long and winding road through a mistrial, but former Nassau County executive, Edward Mangano and Linda, his wife, were convicted on corruption charges in the New York county. The charges involved the following actions: Gifts to Mr. … Continue reading

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Condemned by the House of Representatives for Something We Did Not Do

After reading the the resolution passed by the House of Representatives, the Barometer felt duly chastised. However, the Barometer and hundreds of millions of other Americans did nothing wrong. So, in response to the House of Representatives: Whereas, hundreds of … Continue reading

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