Category Archives: News and Events

The Churchill Downs cited Mr. Baffert’s continued unwillingness to accept responsibility for the failed postrace drug test of the 2021 Kentucky Derby winner, Medina Spirit.Medina Spirit’s victory was revoked. Mr. Baffert’s horses have won the Kentucky Derby six times.  His … Continue reading →

Netflix is cracking down on memberships used all around the family.  Mom and Dad are kicking the kids off because Netflix is on to the whole fam deal for one subscription.  Now Costco is cutting off the way nonmembers were … Continue reading →

Well, at least it’s not bribery this time.  French authorities raided the headquarters of the international organizing committee on their suspicions of embezzlement.  There were corruption suspicions in the 2016 Rio games and in the 2021 games in Japan. Not … Continue reading →

We have known the answer to, “Would you sell your soul for a Louis Vuitton bag?” for some time.  Ongoing raids of luxury stores by looters seizing the luxury brands is not just the sale of a soul.  It’s a … Continue reading →

The reason? “Violent incidents” resulting in stolen property. It’s gang looting, gang! Then the thieves post themselves on TikTok in the middle of the looting.  “A culture of impunity drives the market for retail theft.”  Indulging criminals is no way … Continue reading →

In 2006, a member of JPMorgan Chases’ bank’s risk department flagged the late Jeffrey Epstein’s cash withdrawals (up to $750,000 per year) two years before Mr. Epstein entered a guilty plea to solicitation of prostitution with a minor. Still, the … Continue reading →

Marianne M. Jennings and Stephen K. Happel, emeritus professors ,W.P. Carey School of Business, Arizona State University Another Taylor Swift concert. Then comes weeping, wailing, and gnashing of teeth with accompanying demands that someone in any branch of government address … Continue reading →

A mob took over a gas station food mart in Compton, California at 2:30 AM on Sunday, April 16. They took thousands in beer, condoms, and cigarettes.  Not exactly the same as Valjean stealing bread. Meanwhile, across the country in … Continue reading →

Meta (nee Facebook) employees (who are left) are griping.  No more free laundry service.  Free dinner has been pushed way back on the clock to prevent employees from taking food home. Those “micro kitchens” at their headquarters do not have … Continue reading →

The Barometer noted that the Miami Heat had a fairly large branding error with their home base, i.e., the FTX Arena.  Then the mental recollection wheels began to turn.  Adelphia graced the home of the Tennessee Titans before the founder … Continue reading →

For all the crypto currency fans out there who have been saying, “What could possibly go wrong?” in a financial industry no one can explain, and, as if FTX was not enough, we have this: Samuel Lin, the compliance chief … Continue reading →

We are still cleaning up bank messes from 7 years ago as we find ourselves in yet another.  It was 2016 when the news hit that all the new accounts Wells Fargo was boasting about were not real.  By the … Continue reading →

The Barometer has noted the presence of a nearly instantaneous quality-of-service survey in her inbox seconds after Clear has “cleared” her through TSA airport security.  Except in Atlanta.  The Atlanta airport is a mess.  The Clear lines there serpentine in … Continue reading →

When the story of the multibillion dollar collapse of FTX broke, the Barometer thought Dr. Jerry Robinson (Peter Bonerz), orthodontist office mate of Dr. Bob Hartley on The Bob Newhart Show had succumbed to financial temptations. You decide: Dr. Jerry Robinson … Continue reading →