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Category Archives: News and Events
Prince Andrew Withdraws From Royal Engagements
Facing removal of his patronage activities from the websites of charities, Prince Andrew has stepped back his royal public duties. His Epstein connection and bizarre responses in a BBC interview were too much. Describing Epstein’s conduct as “unbecoming” was an … Continue reading
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More Groovy Accounting: Mattel
The CFO has left, the PricewaterhouseCoopers audit partner assigned to the company has been placed on administrative leave. So, what happened? Here are the steps: 1. Weak holiday sales in 2018 2. Mattel rejects a takeover offer from Hasbro 3. … Continue reading
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Three CFOs in Two Years: Under Armour’s Accounting and Culture
Both the SEC and the Department of Justice are investigating accounting practices at Under Armour. The focus is on revenue recognition. UA has been missing sales targets since 2016, and since 2016 has had three of CFOs, two of whom … Continue reading
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Prince Andrew: A Frightening Interview
Some quotes from Prince Andrew’s interview about his contacts with the late sex offender, Jeffrey Epstein, with BBC journalist Emily Maitlis, and the quotes speak for themselves, although the Prince probably should not have: “Do I regret the fact that … Continue reading
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The Anti-Stress Pamphlet Given to Prisoners Headed to Solitary
One can understand the mental pressure of solitary confinement. Washington State Prison officials have done their part when prisoners are so confined. They are given a pamphlet entitled “101 Ways to Relieve Stress.” Here are some of the kindly tips … Continue reading
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Two Associate Professors of Chemistry Charged with Cooking Meth
Allegedly trying to mimic art, two chemistry professors at Henderson State University have been trying produce methamphetamine. On October 8, the Reynold’s Science Center had to be closed because of an odor that turned out to be benzyl chloride. No … Continue reading
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Southwest and the Missing Maintenance Paperwork on Jets Purchased from Foreign Airlines
The FAA nearly grounded 38 of Southwest’s 737 fleet on the grounds that the planes had incomplete maintenance records. Inspectors on the ground said immediate action was necessary. The FAA’s head of the office of audit and evaluation said urgent … Continue reading
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Intel and the Drip-Drip Fixes, Again
In May, Intel released a fix for a series of security weaknesses in its processors. Users assumed the problem was fixed. However, some Dutch researchers found that the problem was not fixed, and six months later (November), Intel released another … Continue reading
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The Ex-CEO of McDonald’s: A Bit of a History There
Kudos to the Wall Street Journal for good old-fashioned journalism. The Journal uncovered that McDonald’s was investigating its former CEO, Steve Easterbrook, for weeks before the announcement of his departure. The company’s general counsel had conducted an investigation and reported … Continue reading
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The Feds Are Out and About Doing Interviews In Re: McKinsey’s Bankruptcy Work
There McKinsey is, right in the middle of that PGE mess of a bankruptcy. And there the Feds are doing interviews at Alpha Natural Resources and SunEdison and McKinsey’s work in their bankruptcies. The bankruptcy judges in both of those … Continue reading
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“I won’t even hold my wife’s hand this whole entire bye week because I do not want to get called for holding.”
Titans (I believe Tennessee?) offensive lineman (who knows what that is), who leads his team with 9 penalties in 6 games. The Barometer is grateful for this NFL player’s well said standard for avoiding penalties in football. Stay as far … Continue reading
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All Hail Occidental College
Yale, Georgetown, USC, and other universities were hit by operation Varsity Blue, the largest college-cheating scandal in history. Mastermind Rick Singer funneled money to the universities in exchange for their admission of the children of the wealthy. However, when Singer … Continue reading
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More Embarrassing Admissions Stuff
Oh, that College Board! Oh, those test scores! Oh, those colleges and universities! They are gaming the system. The College Board rakes in the dough by charging students to take PSAT, SAT, and AP tests. Then the College Board sells … Continue reading
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But the warning was generic . . .
Two weeks before the collapse of the Vale SA dam in Brazil that killed 270 people, Vale’s then-CEO, CFO, and other executives received the following anonymous e-mail: “We are facing great challenges ahead, our operations are lacking the minimum level … Continue reading
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