Category Archives: News and Events

Harry Markopolos, the man who kept telling us that Madoff was running a Ponzie scheme, believes that GE’s financial picture is worse than its financial statements depict, The exposure for the company is in its insurance reserves for long-term care … Continue reading →

There’s another headline no mayor likes to see. New York Times, August 7, 2019, p. A26. One question: Why are only “some” crying foul? To paraphrase Shakespeare, this is corruption “most foul.” And let’s not forget the human dignity of … Continue reading →

Now there’s a headline full of chutzpah. August 8, 2019, New York Times, p. B6. There is no way to convince either the FDA or the public that Novartis did nothing wrong. Vas Narasimhan, CEO, offered the following explanations/justifications: 1. … Continue reading →

Rosei Ruiz, the runner who won the 1980 Boston Marathon with a time of 2:31:56 (third-fastest time for a woman in history, for a few days passed away on July 8,2019. Ms. Ruiz, a secretary in a commodities firm, was … Continue reading →

David Roth, owner of www.tuto-homework.com, on his service to high-school students of doing their homework for $20-$30 per hour. His specialties are math, chemistry, and physics. In fairness to Mr. Roth, he does have a disclaimer on his site:”Disclaimer: THIS … Continue reading →

Former Michigan State President, Lou Anna Simon, who has been charged criminally with lying to investigators about her knowledge of complaints made against former gymnastics program physician, Dr. Larry Nassar. Mr. Nassar entered a guilty plea to seven counts of … Continue reading →

Initially, VW was the company that installed the software defeat devices in its diesel vehicles in order to meet emissions standards. And VW paid fines of $22 billion in the United States for the falsification of its emissions data. However, … Continue reading →

US Food conducted a survey of 500 delivery drivers, and 59% said that the food they are delivering to customers is tempting to taste. And 30% admitted to having sampled their customers’ food. Customers seem to be on to them … Continue reading →

The FAA analyzed the risk in the Lion Air flight that crashed in October 2018, killing everyone on the plane. The analysis concluded that “didn’t take that much” for such a malfunction to happen again. The FAA made the decision … Continue reading →

If you are a Capital One customer because for 103 million folks, your information was sold on the dark web. There it is again — another hacker got access to accounts, but, fortunately, she left a trail.

First, we had “Operation Varsity Blue,” a sting in which 50+ parents, coaches, test administrators, etc. were caught getting kids admitted to prestige colleges by laying down serious scratch, from $15,000 to $6+ million. Now we have “Operation Signing Over … Continue reading →

Talk about your embarrassing PowerPoint presentation! McKinsey, consultant to Johnson & Johnson, prepared a PowerPoint presentation in 2002 that included the following question: “Are we properly targeting and influencing prescription behavior to pain clinics?” McKinsey explained that its work for … Continue reading →

The Federal Trade Commission (FTC) is requiring Facebook CEO, Mark Zuckerberg, to sign off personally on the company’s compliance with privacy protection requirements for Facebook users. The step comes because it is clear that Facebook violated the provisions of a … Continue reading →

Ross Wales, personal lawyer for Neil Armstrong, reflecting on the sales of Armstrong’s mementos by Armstrong’s sons. Mr. Wales noted that Mr. Armstrong quit giving autographs when he learned that people were selling them. A leader who refuses recognition and … Continue reading →