Category Archives: News and Events

Ralf Bose, the head of Apas, a German government agency that oversees auditors, confessed to Parliament there that he purchased shares in Wirecard in April 2020. At the time Apas was reviewing the work of Wirecard’s auditor. Mr. Bose sold … Continue reading →

In many cases, administrators receive bonuses. At some universities the entire MBA staff benefits if the rankings for their programs improved. The pressure is perhaps greater than that experienced by CFOs on earnings results. Temple University submitted data to U.S. … Continue reading →

New York City has a long list of problems, to which we can now add overtime pay fraud. Yes, five MTA employees were putting in for overtime, when, in one case, for example, they were actually bowling (Average score 196). … Continue reading →

Regardless of how you feel about various issues that land at the U.S. Supreme Court, one must be willing to admit that Justice Gorsuch can write. Here is an excerpt from his concurring opinion in the Roman Catholic Diocese of … Continue reading →

According to an indictment, Thomas Moyer, Apple’s head of security, promised to give 200 iPads to the Santa Clara County Sheriff’s Office in exchange for securing four-concealed-carry licenses for the Apple security team. Also charged were Undersheriff Rick Sung and … Continue reading →

We have been at the virus battle for so long, that there is indeed a new normal. The Barometer watches Hallmark Christmas movies whilst on the treadmill this time of year. The movies are good clean fun. No one swears. … Continue reading →

In April 2019, the following appeared this site: This is one for the book on the human mind having no limitations on creativity when it comes to desperation. Harvard is investigating its fencing coach, Peter Brand’s, sale of his home … Continue reading →

You go online and, sitting in the comfort of your own home, view potential apartments and homes. You find the perfect place, because they all look perfect through a fish-eye lens. However, what a virtual tour cannot give you are … Continue reading →

In his autobiography, Bob Baffert, six-time Kentucky-Derby winner and two-time Triple-Crown winner, confessed that he gave a horse morphine in 1976. He said he was a college student who did it partly out of ignorance and partly because of the … Continue reading →

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 →

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 →

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 →

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 →

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 →