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Category Archives: News and Events
Two Parents Convicted in the College Bribery Scandal
It only took the jurors 10 hours. Following their deliberations the jurors emerged with guilty verdicts for for John Wilson, a private-equity financier (conspiracy to commit bribery, conspiracy to commit fraud, and filing a false tax return). Gamal Abdelaziz, a … Continue reading
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Ozy Media: Kaput in Two Days
Ozy Media showed up on the Barometer’s radar after a bizarre story appeared on September 30, 2021. Ozy Media has been around on the Internet since 2013. Ozy had the usual podcasts, interviews, and some YouTube documentaries. The story was … Continue reading
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Federal Judges and Conflicts: They Are Not So Good at Conflicts Checks
The Wall Street Journal did parties in federal court as well as ethics professors a magnificent service. Through what must have been painful research, reporters James V. Grimaldi, Coulter, Jones, and Joe Palazzolo combed through federal judges’ financial disclosure statements … Continue reading
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When the Vice President of Technology and the Chief Information Officer Collude
A former Mylan Vice President of global operations information technology received some very valuable, nonpublic information from Mylan’s former chief information officer. I guess the CIO would be the guy with the most info about Mylan. The VP used the … Continue reading
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The Kids Are Back in School . . . and Stealing, Vandalizing, and Hashtagging
As near as we can figure, it all began on September 1 when a TikTok user posted a video of a box of disposable masks he had stolen from his high school. The hashtag was “absolutely devious lick.” The youths … Continue reading
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“. . . the adolescence of humanity is coming to an end and must come to an end.”
Boris Johnson, at the United Nations. Mr. Johnson surrounded this pithy insight with the following, “We still cling with parts of our mind to the infantile belief that the world was made for our pleasure. And we combine this narcissism … Continue reading
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The 46th Parent Enters a Guilty Plea in Operation Varsity Blue
Marci Palatella, the CEO of liquor distribution company in California, entered a guilty plea to conspiracy to commit honest services fraud. Ms. Palatella, who is married to former 49ers player, Lou Palatella, was sentenced to six weeks in jail, a … Continue reading
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“Harvard’s Chief Chaplain Is An Atheist”
Headline New York Times August 27, 2021. The new chaplain is in charge of coordinating the efforts of 40 faith leaders on campus. He is the author of a book, “Good Without God.” Greg Epstein, the new chief chaplain says, … Continue reading
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18 Midshipmen Expelled From the Naval Academy for Cheating on a Physics Exam
You never hear of anyone being expelled for cheating on a philosophy exam. Perhaps philosophy students are more mellow. Perhaps the questions on physics exams require more precision than the answer to, “If a tree falls in a forest . … Continue reading
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“United Airlines Tells Employees Never Use Tape on Passengers”
News article headline, New York Times, August 20, 2021, p. B5 That’s a combination of words we might not have anticipated before we entered the Twilight Zone on so many levels. In July, Frontier Airlines employees had duct-taped a rowdy … Continue reading
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The WSJ’s Andy Kessler’s Frightening Confession
Wall Street Journal editorial writer, Andy Kessler, wrote a column that appeared on August 9, 2021 entitled, “To Lie Is Human.” He began the column by confessing that as he and his family visited Lake Louise, Alberta he did the … Continue reading
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Even with an SEC Break, the Execs Still Dabble in Their Own Companies’ Stock
The Securities Exchange Commission cut corporate executives some slack on insider trading. The execs could file 10b5-1 plans that disclosed their schedules for buying and selling stock in their companies. Follow the plan, no insider trading charges. However, the execs … Continue reading
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The Cuomo Boys, Conflicts, and CNN
From the New York Times, “CNN has barred Chris Cuomo from engaging in strategy sessions with the governor’s aides, but has said it would not prohibit him from speaking directly with his brother about the scandal.” The scandal is now … Continue reading
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Credit Suisse and Its Management, Risk, and Inaction Problems
The Credit Suisse board commissioned an investigation into the losses the bank has faced resulting from its ties to Archegos. By March 23, 2021, Credit Suisse had $27 billion in exposure on its Archegos investment. While it dawned on few … Continue reading
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