Category Archives: News and Events

First, we had the pet food issues.  Next came the toys and lead paint.  Then we hit the infant formula.  Now Florida authorities are tying the walls in Florida homes that are weeping sulfur gases to the Chinese manufacturer of … Continue reading →

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The Barometer is exhausted.  How many times must we live through these financial frauds before we refocus?  The announcement that Satyam, an Indian company that provided services for many of the Fortune 500, had a fictitious cash balance of $1 billion … Continue reading →

The United States Attorney for the District of Connecticut reached a settlement with Yale University on allegations that this fine institution of higher learning had violated federal regulations on grant administration and accounting.  Without admitting guilt, Yale agreed to pay … Continue reading →

The Barometer has but one word as a response, “Bully!”  Self-restraint and voluntary action will cure the CEOitis that is bound to influence laws and regs waiting in the wings.  Well done you, you Citi folks.  buy 10 mg cialis … Continue reading →

China clearly has different performance standards for the heads of its regulatory agencies.  Last year, when the pet food poisoning occurred along with deaths from tainted prescription drugs, the head of the Chinese equivalent of our FDA was found guilty of accepting … Continue reading →

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The California Supreme Court was not working with Mother Teresa, Father Flanagan, and Florence Nightengale.  And the activities that preceded the accident were not the stuff of a Mayberry social.  Still, the decision does give us pause.  Lisa Torti pulled … Continue reading →

Oprah Winfrey referred to the tale of Herman and Roma Rosenblat’s romance, which began with Roma tossing apples over the camp fence to a starving Herman in a Nazi concentration camp and resulted in marriage when the two met again, 12 years later, at … Continue reading →

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So, WorldCom was a $3.8 billion accounting fraud.  We hooted it up over that one, calling the company’s collapse the largest bankruptcy in the history of the United States.  That stat always bothered the Barometer because we were, after all, relying on the company’s … Continue reading →