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Category Archives: News and Events
“I lied a lot.”
Tim Leissner, former Goldman Sachs partner, and the federal government’s star witness in the criminal trial of another former Goldman partner, Roger Ng. But not to worry. Mr. Leissner assures that he is not very good at lying despite his … Continue reading
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“May I Disinherit My Right-Wing Daughters?”
Now there’s a loving mother for you. This was a question posed to the New York Times resident ethicist in Sunday’s magazine (March 6, 2022), p. 14. The Ethicist responded that it was not ethical to change the will because … Continue reading
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Half-Truths: Are They a Form of Lying?
In his state-of-the-union address, President Biden said that he was “the only President ever to cut the deficit by more than one trillion dollars in a single year.” Well, that would be true. The bragging rights belong to this president … Continue reading
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Medina Spirit Stripped of Kentucky Derby Win, Posthumously
Medina Spirit, a Bob-Baffert-trained-horse, won the Kentucky Derby in May 2021, tested positive for betamethasone (a corticosteroid injected in the joints) after the race, died of a heart attack in December 2021, and was stripped of the Derby title in … Continue reading
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“Flash-Mob Thieves Use Apps to Plan”
Wall Street Journal, December 14, 2021. One has to wonder where all the cancel folks of social media were on this one. Note to the self-righteous on new screening criteria: The site will not tolerate advance planning of group theft.
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“I knew it was illegal. I wanted this to be done for Goldman Sachs. I wanted to be a hero at Goldman Sachs.”
Timothy Leissner, former Goldman Sachs partner, in his testimony at the trial of another former Goldman Sachs partner, Roger Ng. Ng and Leissner were both charged with conspiracy to launder money and to violate the Foreign Corrupt Practices Act in … Continue reading
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A Mess of an Olympics
Journalists got dragged off camera. NBC pulled journalist who mentioned the Uyghurs. And as for 15-year-old Russian skater, Kamila Valieva, well, that initial quadruple turned into the quadruple that roared. Her drug test came back positive for a banned heart … Continue reading
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“Inflation Remains Stable, Well Below Its October Peak”
Now there’s a silver-lining-in-a-cloud headline. New York Times, February 13, 2022, p. BU9. Nothing to see here, folks.The article gives reasons and ways to calm down.The pandemic caused it, quit looking at gas prices too often, and just reframe the … Continue reading
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“I am saddened that some relatively junior former members of staff are facing very serious regulatory sanctions at an early point in their careers.”
Jon Holt, CEO of KPMG, UK. The “relatively junior former staff members” have been accused of forging documents and providing misleading information in their audit work of Carillion PLC, a company that went under in 2018 and Blanco Technology Group … Continue reading
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Microsoft to Acquire Activision for $75 Billion: Birds of a Feather and All
Bill Gates, who left the Microsoft board while it was looking into his conduct involving female employees at Microsoft, Cascade (his investment firm), and the Bill and Melinda Gates Foundation. The allegations against him involve comments and advances, including e-mail … Continue reading
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Walmart: Under the Regulatory Microscope of the Chinese Government
Just days after its dustup over sourcing of goods from Xinjiang (the “alleged” area of Uyghur labor camps), Walmart received notice of 19 vulnerabilities in its internet system. Ergo, Walmart had violated China’s cybersecurity laws and was apparently too slow … Continue reading
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“I think there’s been a lot of backsliding on ethics.”
Bryson B. Morgan, former investigative counsel for the Office of Congressional Ethics. The New York Times is reporting that ethics inquiries are increasingly met with uncooperative lawmakers. The targets of the ethics investigation simply refuse to turn over requested documents. … Continue reading
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Walmart Is Now in Dutch with the Chinese
The Uyghur Forced Labor Prevention Act, passed almost unanimously in both houses of Congress and signed into law by President Biden last week, bans all imports from Xinjiang (the location of the Uyghur labor and indoctrination camps). However, there is … Continue reading
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The Groveling Intel
The obsequiousness is nauseating. Intel, in an attempt to comply with the U.S. edicts on avoiding sourcing from China’s, sent out a letter to its global suppliers telling them that products sourced from the Xinjiang region of China were problematic. … Continue reading
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