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Category Archives: Analysis
The Golfer and the Warm-Up
It was a golf fan/television viewer who knew his rules and wrote in via a blog, “So I guess there were no LPGA officials on hand at the event to tell her she couldn’t do that?†The “that†was LPGA … Continue reading
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Letter to the Editor — Wall Street Journal
The Wall Street Journal published a letter to the editor from the Barometer on Monday, January 10, 2011. The letter was in response to a December 31, 2010 op-ed piece on what boards need. The letter was, of course, edited … Continue reading
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Goldman, With Its Toes to the Line, Again
Facebook wanted to remain a privately held company and it was getting too close to the 500-shareholder limit. Actually, it was over that size limit, but the SEC gave it an exemption in 2008 to allow the company to exclude … Continue reading
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Follow the Rules Because When You Don’t, Well, We Assume the Worst
For the first time in decades an airline has been kicked off a National Transportation Safety Board (NTSB) investigation process. The NTSB has bumped American Airlines for its breach of protocol in the investigation of its jet sliding 600 feet … Continue reading
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HP’s Board Is Vindicated
In August, Joe Nocera of the New York Times tossed out quite a few negative assessments of the HP board’s firing/resignation of former CEO, Mark Hurd, to wit: When pressed, H.P. said that Mr. Hurd had fudged some expense reports. … Continue reading
Posted in Analysis, Truth Percolates
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RE: Business, “The Authoritarian Way†(7/14/10) Ian Bremmer, “BP Is Lucky It Spilled in US Waters, Not Chinese,†USA Today
Not so fast, Mr. Bremmer. In comparing China and the United States, your categories on statist vs. rule of law are correct. However, the United States’ political philosophy has shifted. The facts and logic point to the U.S. as the … Continue reading
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Selective Introspection and “Leave It to Beaverâ€
In celebration of the release of the 234 episodes of “Leave It to Beaver,†the New York Times highlighted one of the show’s strengths: lessons in ethics. The show, which ran from 1957 through 1963, was a charmer. Beaver Cleaver … Continue reading
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The Docs of Innards: Is It Cheating To Pass Along Memorized Questions From Exams?
The American Board of Internal Medicine (ABIM) has taken some sort of disciplinary action against 140 docs who cheated on their ABIM certification exams. In a lawsuit that the ABIM had filed previously against Arora Board Review, a company that … Continue reading
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On Graciousness and Ethics
By now all that can be said about umpire Jim Joyce and his bad call that cost Detroit Tigers’ pitcher Armando Galarraga his perfect game has been said. The Barometer knows little about baseball and even less about what constitutes … Continue reading
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Facebook Privacy: Oxymoronic
The folks who post pictures of themselves hugging and chugging were outraged. Why the things they were posting on their Facebook pages were showing up elsewhere on the web and were being used to generate advertising dollars. Oh, what times … Continue reading
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There will be another Jérôme Kerviel.
Just as Joseph Jett of Kidder Peabody followed Nick Leeson of Barings Banks, another trader will follow Jérôme Kerviel of Société Générale. There will always be rogue traders in banks that turn a blind eye to under-achievers who defy all … Continue reading
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Enough with the SPEs!
Enron managed to fool most of the people for a long time with its SPEs. If you thought we were done with these beasts following changes in the accounting rules, well, think again.  The report on Lehman tells us the company was … Continue reading
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By Request — Thoughts on Health Care
The Barometer feels like a Top-40 DJ. By popular request, thoughts on the whirling, swirling, and twirling in Washington, DC. First, the obvious. Reasonable minds can differ on what to do about health care. Second, don’t fret about the level … Continue reading
Posted in Analysis, News and Events
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No-Drama Derek; Just Results
He gets there on time. He plays. He hits. Derek Jeter broke Lou Gehrig’s record for hits in October 2009. The Barometer was reminded of this little-noted event because in the year of the Tiger and McGwire admissions there was … Continue reading
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