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Category Archives: News and Events
The Indictments and the Harvard Fencing Coach
In April 2019, the following appeared this site: This is one for the book on the human mind having no limitations on creativity when it comes to desperation. Harvard is investigating its fencing coach, Peter Brand’s, sale of his home … Continue reading
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Those Virtual Tours Are Not the Full Picture
You go online and, sitting in the comfort of your own home, view potential apartments and homes. You find the perfect place, because they all look perfect through a fish-eye lens. However, what a virtual tour cannot give you are … Continue reading
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Bob Baffert and the Cheating Thing
In his autobiography, Bob Baffert, six-time Kentucky-Derby winner and two-time Triple-Crown winner, confessed that he gave a horse morphine in 1976. He said he was a college student who did it partly out of ignorance and partly because of the … Continue reading
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Ethics When No One Is Looking: Airbnb and the Party Houses
As they saying goes, our true ethical standards are clear by our behaviors when no one is looking. There is an interesting way this principle comes out in business. When a company is attempting to go public (have its IPO … Continue reading
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Barbie Brings Mattel Sales and a 60% Increase in Share Price
The Wall Street Journal reports that Matte’s Barbie line is doing very well. Barbie is revitalized, groovy, but, at the same time, good at math. Barbie has been around for 60 years, but has not aged one bit. She’s not … Continue reading
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Purdue Settles Opioid Marketing Charges with Feds
Purdue Pharma LP has agreed to enter a guilty plea to three felonies related to the company’s marketing and distribution of OxyContin. The penalties and fines would total $8.34 billion. The federal government will get $225 million and the remainder … Continue reading
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Speaking of Bribery: North Carolina Insurance Executive Reports to Prison
Greg Lindberg, an entrepreneur, began purchasing small insurance companies in 2014 and then used the insurers to make loans to himself. $2 billion in loans. He was convicted of two counts of conspiracy to bribe the North Carolina insurance commissioner. … Continue reading
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Goldman’s Day in Criminal Court: A Guilty Plea
It is a first for the company that has been laddering, short-selling, and backing not so backable mortgage-backed securities. Goldman-Sachs entered a guilty plea to charges tied to bribery charges related to paying $1 billion in bribes in order to … Continue reading
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The Ransom of Governors Northam and Whitmer
A Michigan-based group known as the Wolverine Watchmen were disbanded when the FBI got wind of their plans to kidnap Michigan’s Governor Gretchen Whitmer and Virginia’s Governor Ralph Northam. Their goal was apparently, “LIBERTY!” Fed up with COVID-19 controls, these … Continue reading
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About the Voter Fraud Thing
The Barometer received two voter solicitations from the “Voter Participation Center” in her Marianne M Jennings LLC PO Box. However, the ballot solicitations were addressed to one Kathleen Diane Stash. The post office box has been under the control of … Continue reading
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Wells Fargo Fires 100 Employees for Fraud in COVID-19 Program
The Barometer has nothing more to say. Just re-read the posts since 2016 on the long string of ethical issues and cultural mishaps at Wells.
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“A Little Razzle-Dazzle to Juke the Algos”
If you did not quite catch the drift of this groovy lingo, the Barometer can help. The line is from an e-mail of a JPMorgan Chase trader during the eights years of spoofing Chase had going on in metals and … Continue reading
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Amazon Workers Accepting Bribes?
According to an indictment handed down by a federal grand jury, two former Amazon employees formed a unique consulting business. They were hired by vendors who were trying to get their products back on Amazon after Amazon had banished them … Continue reading
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The 64 Below-Admissions-Standards Students Who Still Got Into Cal Berkeley, UCLA, UCSB, and UCSD
Sixty-four students, who were rated lower than rejected applicants by admissions readers, still managed to get into the top four UC system schools. They were all white, and one-half of them had families with income over $150,000. One applicant who … Continue reading
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