Category Archives: News and Events

Describes new books, articles, and upcoming speeches.

Goldman Sachs and “Casino Capitalism”

The SEC complaint against Goldman is a stunner.  Stunning because Goldman had a 31-year-old flying about as close to the treetops as one can get without crashing.  Or maybe Fabrice Tourre has indeed crashed now.  If the SEC is right, Goldman’s Tourre put together … Continue reading →

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The Stunning Contrast at the Masters: A Good Guy Finishes First

A man who has struggled through a period of stress and strain with his family won the Masters at Augusta National.  The pseudo family guy/super star, with a secret “other” life that has been enough  to make John Edwards blush, finished fourth.  Phil Mickelson’s wife, … Continue reading →

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“Any kid can get swept up in a clique or mob mentality. It breaks my heart.”

Phoebe Prince, an Irish immigrant attending South Hadley High School in Massachusetts, committed suicide on January 14, 2010 after a lengthy period of bullying by a clique of five popular students.   The five students are under indictment.  The community is … Continue reading →

Posted in For the legal side, News and Events | 2 Comments

Pfizer follows conflicts basics: Disclose

Pfizer follows Eli Lilly, Merck, and GlaxoSmithKline in disclosing payments to docs for consulting and speaking on their products. Pfizer also disclosed payments to academic centers, nurse practitioners, and physician assistants.  You can now go to the sites for these companies and … Continue reading →

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The Speeding Thing . . . Again

The “Nine you’re fine, ten you’re mine” motto of traffic officials is falling by the wayside.  The 5-10 mph grace speed for exceeding limits has fallen victim to tight state and local budgets.  They need more money so drivers are … Continue reading →

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Fewer Restatements: Better Accounting? Maybe not.

For 2009, there were only 630 U.S. companies that filed earnings restatements.  The high for restatements was in 2006 and totaled 1,564, but we are in a steady decline.  Both extent and magnitude are down.  Further, the restatements filed in … Continue reading →

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The “Our Little Genius” Investigation

The FCC is investigating the now-pulled Fox series, “Our Little Genius” because of questions regarding “how some information was relayed to contestants during preproduction.” Did these television producers and directors never see the movie “Quiz Show”?  Have they never heard of … Continue reading →

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Enforcement Is to Organizations What Integrity Is to Individuals: The Pope and the Bishops

The Pope has offered his apologies for the “sinful and criminal” conduct of the priests.  He has spoken of betrayal of trust.  However, the key element missing in the Vatican’s handling of the sexual abuse scandal that has crawled across Europe is discipline.  … Continue reading →

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Arne Duncan and 40% grad rate for NCAA post-season play

The U.S. Secretary of Education would ban basketball teams from March Madness unless they could show a 40% graduation rate — that’s 2 of every 5 players.  Secretary Duncan called it a “low bar.”  Well, it’s fairly high for many … Continue reading →

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The Congressman Who Walked Out

Those who do public speaking are always unnerved when somone in the audience gets up and walks out whilst you are offering your thoughts.  Sometimes the rebel simply needs a restroom.  Sometimes the rebel has a ringing cell phone.  But, this January, … Continue reading →

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By Request — Thoughts on Health Care

The Barometer feels like a Top-40 DJ.  By popular request, thoughts on the whirling, swirling, and twirling in Washington, DC.  First, the obvious.  Reasonable minds can differ on what to do about health care.  Second, don’t fret about the level … Continue reading →

Posted in Analysis, News and Events | 2 Comments

Those Nine Lawyers at the Justice Department: On Constancy in the Noble Role of Counsel

What do John Yoo, Jay Bybee, and Ira Sorkin have in common?  The obvious answer is that they are all lawyers.  Another answer is that they have been all over the news.  One more layer is that they have been vilified because … Continue reading →

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“The Seven Signs” — Sign #1 Proven Once Again By New Study

A forthcoming article in the Academy of Management Journal presents research that supports what “Seven Signs” readers have known since 2006: High-performing companies are more likely to break the law.  As readers of ‘Seven Signs” also know, pressure (P=f(x)), hubris, the inability … Continue reading →

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Patients Swiping from Hospitals

Hospital swiping: 64% of hospital patients and family members take towels, linens, and pillows from patient rooms. Now, one-third of the patients in hospitals are not paying for their stays there, so a hospital stay is actually a revenue-producing event … Continue reading →

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