Category Archives: News and Events

Finally, investors are taking to heart the lessons of the dot-com bubble. Following questions about We’s truth net worth and its corporate governance (documented here last week in what is curtly, but accurately described as, “Conflicts galore!”), the IPO has … Continue reading →

Michigan State has settled with the U.S. Department of Education for its failure to report and address claims of sexual abuse by Lawrence G. Nassar. Dr. Nassar was the physician for the USOC WOmen’s Gymnastic Program. He is in prison … Continue reading →

With a public offering pending, We had to come clean on the types of relationships (aka conflicts) that are no-no’s in publicly traded companies. Here is a summary: CEO Adam Neumann — We purchased the trademark “We” from Neumann for … Continue reading →

Novartis, one of the world’s largest pharmaceutical firms, is under FDA investigation. Novartis stock is taking a tumble because the company withheld data from the FDA in its application for approval of a gene therapy treatment for spinal muscular atrophy. … Continue reading →

Well, here we go again. The Navy parties hardy, as we learned from the Tailhook days, but have obviously forgotten. The Navy terminated the three leaders of SEAL Team Seven (known as the triad) for their failure in leadership. The … Continue reading →

American Airlines mechanic, Abdul-Majeed Marouf Ahmed Alani, who has worked for AA since 1988, was upset about contracts negotiations for the mechanics’ union. The negotiations have dragged on since 2015, and Mr. Alani felt that the failure to reach an … Continue reading →

The human mind has no limitations when it comes to figuring out ways around rules. Enter the game of tennis. The Women’s Tennis Association (WTA) and Association of Tennis Professionals (ATP) are in the process of developing and changing the … Continue reading →

The e-mails are bad enough, “Long-time donors,” $25K to Heritage Hall,” and $15 mil.” The athletic department was using its special admits slots to help the university with its donors. So, the folks gaming the system for admission were not … Continue reading →

A quote from the review panel report, requested by Ohio Governor Miek DeWine, just released on Friday: “Documented systemic failures at both The Ohio State University and State Medical Board of Ohio prevented any tangible administrative or criminal consequences from … Continue reading →

There is an inherent conflict of interest between travel review sites and the targets of those reviews. Travel review sites depend upon those being reviewed for their revenue. So, when those who pay the site ask that a negative review … Continue reading →

The Wall Street Journalconducted a study of Glassdoor’s site. Glassdoor is a site that permits employees (current and former, happy and disgruntled, short- and long-term) to post feedback on their companies. Employers can then respond to that feedback. The WSJ … Continue reading →

The story of the Flint, Michigan unfolded as follows: April 2014 – Switch from Detroit to Flint system; no corrosion control testing May 2014 – complaints from residents about the water August 2014 – E.coli and coliform bacteria found in … Continue reading →

New York Times, August 23, 2019. One of those headlines that you never thought you would read. Of course, the Wall Street Journal was more measured, to wit, “Overstock CEO Ends Turbulent Tenure, August 24-25, 2019. How exactly do these … Continue reading →

The queen was not pleased, and the Irish seemed upset as well. So, McDonald’s halted its use of plastic straws and put paper straws in its franchises in Ireland and the U.K. However, it turns out that the high-and-mighty and … Continue reading →