Monthly Archives: March 2019

The title of William “Rick” Singer’s, dynamic and now criminally indicted college counseling coach, presentation done in the financial services sector. One expert characterized Singer as someone with a seemingly “magic elixir” for parents on getting their kids into college. … Continue reading →

If you are looking for an investment, not to worry. Jeffrey Skilling is meeting with former Enron executives to form a new energy venture. He’s looking for backers. Get out your wallets!

2 Chainz and Cardi B have had a harsh reality. Like the Beatles and their “Tax Man,” the successful artists have learned that the IRS does take a chunk once you land in those higher income brackets. They are upset … Continue reading →

The Summer Olympics will be held in Japan in the summer of 2020, a selection that was made in 2013. The head of the Japanese Olympic Committee will resign in June because investigators have uncovered a vote-buying scandal that swayed … Continue reading →

The late Karl Eller, former CEO Circle K Corporation and Combined Communications. Mr. Eller has a life story worth a study. His father left his mother and his two siblings when Mr. Eller was five years old. He began his … Continue reading →

Martin Winterkorn, former CEO of VW in 2015 when the VW falsified emissions test scandal emerged. Mr. Winterkorn resigned shortly thereafter. VW settled the emissions scandal with the EPA for $25 billion. However, on March 15, 2019, the SEC filed … Continue reading →

Three incidents in the news caught the Barometer’s eye that involve “parenting,” and bad judgment. 1. The kiddos storming Senator Diane Feinstein’s office, demanding action on climate change. Most analyses of the video focused on Senator Feinstein’s alleged arrogance in … Continue reading →

David Middendorf, the former national managing partner for audit quality at KPMG, was convicted of four of five counts of conspiracy and wire fraud. Mr. Middendorf’s strategy waster audit qualify was an interesting one: obtaining information from employees of the … Continue reading →

Gordon Caplan, private equity lawyer and co-chairman at the law firm, Wilkie Farr & Gallagher LLP, named “Dealmaker of the Year,” by American Lawyer, who was arrested in the Varsity Blue admissions scandal for his efforts with William “Rick” Singer … Continue reading →

Every business line at Wells is under investigation by the Justice Department, the Securities Exchange Commission, and/or the Comptroller of the Currency (OCC). Here’s how bad things are: The OCC has spent so much time at Wells Fargo that it … Continue reading →

The allegations in the federal indictment outline one heck of a cheating scandal so that the wealthiest parents could get their children into the top-ranked schools. The schools are variously described as “elite” and “best.” The Barometer, having spent four … Continue reading →

Following a seminar, a participant approached the Barometer with an interesting story. He noted that his niece had posted photos of her new apartment and boasted in the not-so-private Facebook that she was finally “on her own” and completely “independent.” … Continue reading →

A quote from Wells Fargo internal blog on the bank’s incentives and Pau and ethics. One employee, and a union activist said in an interview with the New York Times, “There’s a sense among the workers that most of the … Continue reading →

It was a long and winding road through a mistrial, but former Nassau County executive, Edward Mangano and Linda, his wife, were convicted on corruption charges in the New York county. The charges involved the following actions: Gifts to Mr. … Continue reading →