Monthly Archives: June 2013

“We have to tell Jon that enough is enough. We need to take the keys away from him.”

Posted on June 28, 2013 by mmjdiary

MF Global’s global treasurer, Vinay Mahajan,  to the company’s CFO and another employee, referring to CEO Jon Corzine.  At the time, MF Global was dealing with a meltdown — the lack of cash and the reality that employees were transferring  funds from client … Continue reading →

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U.S. Factory Owner Locked in His Office By Disgruntled Workers

Posted on June 25, 2013 by mmjdiary

The Chinese know how to handle labor disputes.  The co-founder/co-owner of Specialty Medical Supplies, Chip Starnes, has been locked in his office at the company’s Beijing plant since Friday (that’s four days) by plant workers who are upset because they … Continue reading →

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“No. 176: Do not steal more than $3 worth of office supplies per quarter.”

Posted on June 23, 2013 by mmjdiary

Kelly Williams Brown, from her new book, “Adulting: How to Become a Grown-up in 468 Easy (ish) Steps.”  Or, you could not steal at all.

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Idol Worship of James Gandolfini and/or Tony Soprano

Posted on June 23, 2013 by mmjdiary

Mr. Gandolfini’s untimely death is sad, and he certainly brought the world a memorable character.  However, from the Wall Street Journal to USA Today to every corner of the Huffington Post world, the lionization of James/Tony is approaching that afforded … Continue reading →

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Are you talking to me? Whitey Bulger on Trial and Chutzpah on Parade

Posted on June 19, 2013 by mmjdiary

James “Whitey” Bulger, 83, is on trial for 32 charges, including 19 murders.  The defendants in criminal trials are bad, but the witnesses are worse.   John Martorano, aka “The Executioner” or “The Enforcer,” has testified that he was Mr. Bulger’s Boston … Continue reading →

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“I won’t be practicing before the SEC, but it’ll be something. I’ll wait tables.”

Posted on June 19, 2013 by mmjdiary

Scott London, former KPMG partner, after being arraigned in federal court on charges of securities fraud.  Mr. London is charged with passing inside information to a friend in exchange for cash, watches, etc.  He said, “I’ll regret it till the … Continue reading →

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HR v. Millennials

Posted on June 18, 2013 by mmjdiary

Beyond.com, in a survey of 6,361 HR professionals and job-seekers released , has produced some insights into the generational disconnect in the workplace.  As you look at these numbers, understand this – someone’s perceptions are wrong. Someone could use a … Continue reading →

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“This is going to kill us.”

Posted on June 14, 2013 by mmjdiary

Senior U.S. State Department official after reading the inspector general’s report that revealed that the U.S. Ambassador to Belgium was ditching his security detail in order to solicit sexual favors from prostitute and minor children, that the regional security officer … Continue reading →

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“We are pleased that the jury acquitted Mr. Renzi on 15 counts.”

Posted on June 14, 2013 by mmjdiary

Kelly Kramer, one of former Representative Rick Renzi’s defense lawyers.  Yes, but it’s Mr. Renzi’s conviction on 17 counts of conspiracy, extortion, and racketeering that take the joy out of the victory. Kramer is truly a glass-half-full person.

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“Imagine that the pope and the head of the Securities and Exchange Commission are in the same room with you.”

Posted on June 12, 2013 by mmjdiary

Jamie Dimon, CEO and Chairman of J.P. Morgan Chase, in giving advice to the people who work for him on their decision processes in the wake of the company’s London Whale recovery, which netted a $6 billion loss from wild trades.  … Continue reading →

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