Category Archives: News and Events

Describes new books, articles, and upcoming speeches.

“I knew it was illegal. I wanted this to be done for Goldman Sachs. I wanted to be a hero at Goldman Sachs.”

Timothy Leissner, former Goldman Sachs partner, in his testimony at the trial of another former Goldman Sachs partner, Roger Ng. Ng and Leissner were both charged with conspiracy to launder money and to violate the Foreign Corrupt Practices Act in … Continue reading

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A Mess of an Olympics

Journalists got dragged off camera. NBC pulled journalist who mentioned the Uyghurs. And as for 15-year-old Russian skater, Kamila Valieva, well, that initial quadruple turned into the quadruple that roared. Her drug test came back positive for a banned heart … Continue reading

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“Inflation Remains Stable, Well Below Its October Peak”

Now there’s a silver-lining-in-a-cloud headline. New York Times, February 13, 2022, p. BU9. Nothing to see here, folks.The article gives reasons and ways to calm down.The pandemic caused it, quit looking at gas prices too often, and just reframe the … Continue reading

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“I am saddened that some relatively junior former members of staff are facing very serious regulatory sanctions at an early point in their careers.”

Jon Holt, CEO of KPMG, UK. The “relatively junior former staff members” have been accused of forging documents and providing misleading information in their audit work of Carillion PLC, a company that went under in 2018 and Blanco Technology Group … Continue reading

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Microsoft to Acquire Activision for $75 Billion: Birds of a Feather and All

Bill Gates, who left the Microsoft board while it was looking into his conduct involving female employees at Microsoft, Cascade (his investment firm), and the Bill and Melinda Gates Foundation. The allegations against him involve comments and advances, including e-mail … Continue reading

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Walmart: Under the Regulatory Microscope of the Chinese Government

Just days after its dustup over sourcing of goods from Xinjiang (the “alleged” area of Uyghur labor camps), Walmart received notice of 19 vulnerabilities in its internet system. Ergo, Walmart had violated China’s cybersecurity laws and was apparently too slow … Continue reading

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“I think there’s been a lot of backsliding on ethics.”

Bryson B. Morgan, former investigative counsel for the Office of Congressional Ethics. The New York Times is reporting that ethics inquiries are increasingly met with uncooperative lawmakers. The targets of the ethics investigation simply refuse to turn over requested documents. … Continue reading

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Walmart Is Now in Dutch with the Chinese

The Uyghur Forced Labor Prevention Act, passed almost unanimously in both houses of Congress and signed into law by President Biden last week, bans all imports from Xinjiang (the location of the Uyghur labor and indoctrination camps). However, there is … Continue reading

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The Groveling Intel

The obsequiousness is nauseating. Intel, in an attempt to comply with the U.S. edicts on avoiding sourcing from China’s, sent out a letter to its global suppliers telling them that products sourced from the Xinjiang region of China were problematic. … Continue reading

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You Can’t Take It With You Unless You Take Your Passwords to Your Grave . . .

And then, as a Cryptonite, you can at least prevent others from getting your fortune. Gerald Cotten, the founder of QuadrigaCX (the largest cryptocurrency firm in Canada) modified his will in 2019. Twelve days after that modification he died in … Continue reading

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Last Parent in Operation Varsity Blue Enters Guilty Plea

The final parent who, like the 36 other parents, worked with Rick Singer and his foundation to leap-frog their children into “good schools” on a cash basis or using other merits their children pretended to have, including test scores and … Continue reading

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A Quote from the Late Michael Nesmith, nee “The Quiet Monkee”

Michael Nesmith, the cerebral character in the four-man “The Monkees” hit show, has passed away. His life was a fascinating one, including the fact that his divorced mother invented Liquid Paper and then ran the company that made it to … Continue reading

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“Epidemiologists are trying to say, ‘Easy, tiger.’ This could be bad. This could be very bad. But we don’t know enough to roll that tape forward.”

Professor William Hanage of the Harvard T.H. Chan School of Public health on the Omicron variant of the corona virus. Goes along with the ancient adage, “If you don’t know, say you don’t know.”

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You Know You’re in Trouble When the DOJ Reads About Your Missteps in the Wall Street Journal: Deutsche Bank

Deutsche Bank, already under a deferred prosecution agreement for involvement in overseas corruption and market manipulation, just got a warning from the DOJ that it may have violated its deferred prosecution agreement in that matter. In January 2021, Deutsche paid … Continue reading

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