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Monthly Archives: January 2009
From the Rangel-Geithner School of Thought on Taxable Income: The Daschle Disciple
Former Senator Tom Daschle, President Obama’s nominee for secretary of health and human services, can be added to the list of those government officials who have made”honest mistakes” on their income taxes. Mr. Daschle did not pay taxes on a car … Continue reading
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In the social responsibility department . . . The Rolling Stones
Rapper Lil Wayne used lyrics from the Rolling Stones’ 1965 song, “Playing With Fire,” in his “Playing With Fire” song that was part of his “The Carter III” CD. Abkco Music filed an infringement suit against Lil Wayne for using … Continue reading
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In the what-goes-around-comes-around department . . .
Several former top executives at Merrill Lynch held personal investment in the air-like hedge funds of Bernard Madoff. Bank of America, J.P. Morgan, and Morgan Stanley steered their clients and themselves away from Madoff because of his “opaque investment strategy.” … Continue reading
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In the sleight of hand department . . .
Former Lehman Brothers CEO, Richard S. Fuld, Jr. sold his $13 million Florida home to his wife, Kathleen, for the randy sum of $10. The Barometer knew the real estate market had declined in Florida, but . . . Ah, … Continue reading
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In the do as I say department . . .
Southern Illinois University, to its credit, developed a new plagiarism policy after it experienced several publicized problems in a doctoral thesis. However, The Chronicle of Higher Education reports that SIU’s policy seems to eerily parallel that of Indiana University. SIU … Continue reading
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“There will be a time for them to make profits . . . Now’s not that time.”
President Barack Obama. Oh, Mr. President, we hope for profits. Any time. Markets recover because of them. We just want them to be real.Â
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“I have done absolutely nothing wrong.”
The high ethical self-esteem of impeached former Illinois governor, Rod R. Blagojevich. Perhaps “wrong” is in the eye of the beholder.
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The Government Official Round-Up: One Governor Out, One Mayor Indicted, and One Former Surgeon General Shopping
Despite plaintive pleas to Barbara Walters and compelling evidence presented to Geraldo Rivera and Larry King, Rod Blagojevich was impeached by all 59 Illinois state senators. Former Governor Blago was arrested for allegedly trying to sell President Obama’s U.S. Senate seat and … Continue reading
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You might have crossed a few ethical lines if you are swiping cash in church. . .
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No Worries — John Thain’s Decorator is Redoing the White House
Ousted John Thain was busy during his time at Merrill, writing bonus plans and redecorating. His taste tops Kozlowski’s $6,000 shower curtain: Area rug $87,784 4 pairs of curtains $28,091 Pair of guest chairs $87,784 Commode on legs $35,115 (something … Continue reading
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“He’s an ‘old school’ lawmaker. . . they think less about charges occurring under their nose.”
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90% of employees believe they are amongst the top 10% of the performers in their company
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Place me behind prison walls–ever so high, ever so thick, reaching ever so far into the ground — there is a possibility that in some way or another I will escape; but stand me on a floor and draw a chalk line around me and have me give my word of honor never to cross it. Can I get out of the circle? No. Never! I would die first.”
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Clemens was determined to prove he wasn’t fading, and McNamee, having just arrived at the Show, was committed to staying there. So there would be injections, but with the first one the two men crossed a stark line into territory they would never escape. Clemens became a cheater, and McNamee became his enabler."
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