Category Archives: News and Events

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Palin, Politics, and Patagonia: Ethics, Social Responsibility, and Uncle Milton

The Wall Street Journal reports that businesses from WigSalon.com to Kazuo Kawasaki (the manufacturer of Mrs. Palin’s eyeglass frames) are benefiting from the Palin nomination.  The wigs are flying off the shelves and the glasses frames orders have quadrupled.  Kazuo Kawasaki … Continue reading

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“A Culture of Substance Abuse and Promiscuity”

One would expect that kind of finding if one were doing an audit of the Mustang Ranch.  However, the Barometer is quoting from the Inspector General’s report on the Minerals Management Service, a division of the Department of Interior that is … Continue reading

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The Tragedy of Downey Financial: A Classic Example of the Seven Signs of Ethical Collapse

Downey Financial was a beacon of hope during the first savings and loan crisis that we lived through during the early 1990s.  Downey avoided the temptations of that cycle by not engaging in the accounting skullduggery of loan rollovers, not … Continue reading

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Rangel Update — Interest Waived by Resort Developer

Charles Rangel has now hit the Barometer three times:  (1) He has four rent-stabilized apartments in New York City (this spread in NYC really rankles those who are living in those cubicles that were once used to sell knock-off purses … Continue reading

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Just because you have depreciation does not mean you get a pass from the IRS

Representative Charles B. Rangel failed to report income from property he owns at the Punta Cana Yacht Club.  The chair of the House Ways and Means Committee (responsible for the Internal Revenue Code) indicated that he did not know of the problem.  … Continue reading

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Jack Abramoff: Brazen Lobbyist Says “My name is the butt of a joke” At Sentencing Hearing

In a quintessential end to a Greek tragedy, Jack Abramoff, the millionaire lobbyist who was once at the center of Washington’s movers and hakers, was sentenced to four years in prison for conspiracy to corrupt public officials.  There is some irony that … Continue reading

Posted in News and Events, The Legal Round-Up | Leave a comment

Kwame Kilpatrick, Detroit’s Soon-to-be-Former Mayor, Enters Into Plea Agreement, Jail Time Included

The saga has ended.  Detroit can move on to dealing with its citizens’ issues.  Mr. Kilpatrick can begin his introspection and reform.  Mr. Kilpatrick entered a guilty plea to two counts of obstruction of justice as well as a no … Continue reading

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Iowa Central President Resigns Over Kegger Photo — Will Receive $400,000

Not bad work if you can get it.  Iowa Central Community College President Robert Paxton, whose photo-op moment with a beer keg and a bikini-clad young woman (original story featured at The Ethical Barometer on August 27, 2008) caused a firestorm … Continue reading

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Hostages of Each Other

Sometimes even the good are punished.  The fallout from the subprime mortgage market has hit the regional banks, even those banks that avoided the subprime mess.  For example, Zions Bancorp, headquartered in Salt Lake City, didn’t touch the subprime market … Continue reading

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The College President as Beer-from-a-Keg-to-a-Student’s Mouth Dispenser

Now that’s a clump of words I never thought I would be writing.  But, Robert Paxton, 52, president of Iowa Central Community College, had a rollicking time on a Fourth of July boating outing on West Okojobi Lake.  He was … Continue reading

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Delivering the Homeless for Health Care and Cash

The FBI served search warrants on City of Angels Medical Center, Los Angeles Metropolitan Medical Center, and Tustin Hospital and Medical Center as part of a Medicare and Medi-Cal fraud investigation.  A lawsuit filed by the city of Los Angeles … Continue reading

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You Never Know From Whence Good Information Will Come

The sordid tale makes you want to avert your eyes.  There is a terminally ill wife grappling with her husband’s public confession of an affair.  How that tugs at your heart strings!  But, you find you cannot avert your eyes because there are the … Continue reading

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Moral Equivalency and Barry Bonds

Leave it to Sports Illustrated to not understand the Barry Bonds issue. Ben Reiter wrote, “If teams are rejecting Bonds on moral grounds, WHO ARE THEY KIDDING?” and “Still, in a sport where teams happily take late-career chances on outcasts … Continue reading

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49% of managers uncovered a lie on a résumé

A CareerBuilder.com survey 38% exaggerated their former job responsibilities And the survey of 3,000 managers found some whoppers:  Degrees from nonexistent schools and a claimed member of the Kennedy family.  Oddly, the Kennedys had never met him.  buy cialis online … Continue reading

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