Monthly Archives: August 2008

Kwame Kilpatrick, Detroit’s Mayor, Not in Jail for 3 weeks!

Posted on August 29, 2008 by mmjdiary

Mayor Kilpatrick has been leading an exemplary life for three weeks:  no assaults, no bail violations, and no new charges.  However, September 3 does bring Governor Jennifer Granholm’s hearings on whether the mayor should be removed from office.  Michigan planned … Continue reading →

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

Posted on August 29, 2008 by mmjdiary

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

Posted on August 29, 2008 by mmjdiary

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

Posted on August 27, 2008 by mmjdiary

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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Giving Credit: An Athlete and a Gentleman

Posted on August 24, 2008 by mmjdiary

When asked how it felt to be the first person to win 8 Olympic gold medals, USA swimmer Michael Phelps responded, “I don’t know . . . So much emotion is going through my head. . . I kinda just … Continue reading →

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LIFO, FIFO, BANKERS, AND OVERDRAFTS

Posted on August 24, 2008 by mmjdiary

Customer A has $250 in his account.  Six checks, totaling $325, have come in for payment.  One check is for $257.00, with the remaining five checks making up the difference to the $325 total.  First Bank pays the five smallest … Continue reading →

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Delivering the Homeless for Health Care and Cash

Posted on August 20, 2008 by mmjdiary

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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Brocade Settles Options Backdating for $160 Million

Posted on August 19, 2008 by mmjdiary

Brocade Communications Systems Inc.  entered into an agreement to settle a class action lawsuit over alleged tampering with stock options.  Brocade will pay $160 million to the plaintiffs in the suit.  Two Brocade officers have already been convicted of criminal … Continue reading →

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How Was I Supposed to Know What VIP Meant?

Posted on August 19, 2008 by mmjdiary

Senator Christopher Dodd, chair of the Senate Banking Committee, said he knew that he had been designated a “VIP” by Countrywide Financial CEO Angelo Mozilo (in street language he was an “FOA”, or “friend of Angelo”).  However, Senator Dodd said … Continue reading →

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Kwame Kilpatrick, Detroit’s Mayor, Not in Jail

Posted on August 16, 2008 by mmjdiary

The Ethical Barometer may need to get a changing number system in order to keep track of the legal comings, goings, and bond issues of Detroit’s mayor, Kwame Kilpatrick.  After serving an evening in jail for attending a business meeting … Continue reading →

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Kwame M. Kilpatrick, Detroit’s Indicted Mayor

Posted on August 11, 2008 by mmjdiary

Mayor Kwame M. Kilpatrick has his share of legal difficulties.  He is under indictment for perjury that relates to his testimony in a wonrgful termination suit of two city employees who had thrown down the flag on the mayor’s parties … Continue reading →

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You Never Know From Whence Good Information Will Come

Posted on August 11, 2008 by mmjdiary

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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“Being 99% honest is no longer enough.”

Posted on August 11, 2008 by mmjdiary

Former presidential candidate, John Edwards, admitting to an affair buy cialis overnight delivery viagra money order

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Moral Equivalency and Barry Bonds

Posted on August 6, 2008 by mmjdiary

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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