Category: Ethics

  • Weekend July 20, 2019 Boeing is setting aside $5 B. The money will be used to compensate airlines for lost flights due to grounding 737 pplanes. In addition BA will settle with the families of 346 killed in two accidents.

  • Wed July 10, 2019 An Insider alleges Epstein's fortune was the result of a Ponzi Scheme.

  • Weekend June 23 2019 We have followed the travails of WFC in the last few ethics classes. Now WFC has agreed to pay $400 M to settle fraudulent insurance charges. Also WFC is having trouble finding anyone who will agree to be the CEO, no wonder.

  • https://www.wsj.com/articles/business-manager-in-college-admissions-scheme-reaches-plea-agreement-11559343830?mod=hp_lista_pos2

  • Monday April 15 2019 Here is the latest on the admission scandal. One couple is pleading not guilty while 13 other parents have agreed to plead guilty. I don't get it.  This may be unethical, but seems to me the problem is between the parents and the entrance exam folks or the colleges. What is…

  • Tuesday March 12, 2019 hFelicity Huffman, wife of Bill Macy and late of Desperate Housewives, tried to bribe her daughter in to Major colleges. As Ron White says, You can't fix stupid. More on Loughlin and Huffman

  • Tuesday March 12, 2019 KPMG Head of Audit and a PCOAB former emplolyee were found guilty on several counts. David Middendorf apparently convinced Jeffrey Wada at the PCAOB to reveal which KPMG audits the PCAOB planned to examine. With two PCAOB employees and one KPMG employee already pleading guilty, why was Middendorf lawyer surprised at…

  • Monday March 3, 2019 Jeff Skilling former CFO of Enron, has been released from prison. It was the combination of CEO Ken Lay, CFO Skillikng and Comptroller Andy Fastow that created The Smartest Guys in the Room. This and the Worldcom scandal combined to result in Sarbanes Oxley the most restrictive accounting legislation ever.

  • Tuesday Feb 26, 2019 Former Reeves County Judge plead guilty on various counts. this is part of the Uresti case I am presenting on at the SA IIA Fraud conference Feb 27. No tax returns since  2004, what was this guy thinking!

  • Monday Feb 18 2019 Gals in the Daytona Pit Crew   https://www.yahoo.com/gma/daytona-500s-first-female-tire-changers-history-150405067–abc-news-entertainment.html