Professor Elam

Accounting & Investing Info for San Antonio A & M

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Category: Ethics

  • Cop Leaves $100 tip on $8.75 bill

    Monday Feb 18, 2019 Policeman surprises pregnant waitress with big tip. An great ethical success. Wonderful application of the Golden Rule.

  • op Leaves $100 tip on $8.75 bill

    Monday Feb 18, 2019 Policeman surprises pregnant waitress with big tip. An great ethical success.

  • The APA Takes on Emerson’s Self Reliance

    Friday Feb 8, 2019 I have assigned Ralph Emerson's famous essay on Self Reliance in my ACCT 5308 Ethics class. A professor examines the American Psychological Association opinion that Self Reliance might be a Mental Illness. This article appears on Page  A 13 to the Feb 9 WSJ. Ralph Waldo Emerson’s 1841 essay “Self-Reliance” is…

  • Chainsaw Al Dunlap Dies at 81

    Monday Jan 28 2019   Chainsaw Al Dunlap, famous for cost cutting, and then for other reasons, passed at age 81. Dunlap claimed he had turned around and saved appliance maker Sunbeam.  Two years later the Board fired him and Sunbeam was in Chapter 11 bankruptcy and then sold to another company.   Al over produced…

  • Another Wells Fargo Screw Up

    Tuesday Dec 4, 2018 As we say in the ethics class, the CEO sets the tone at the top. And WFC just cannot seem to shake the never ending run of bad news and mismanagement. Now WFC is blaming a computer glitch for paper work that resulted in hundreds of home foreclosures. Read the link…

  • No Lack of New Material for ACCT Ethics 5308

    Monday Nov 19, 2018 Carlos Ghosn CEO of Nissan was arrested and jailed today for under reporting total compensation.Apparently Carlos broke some other rules as well What a lousy way to end a career at age 64.   Meanwhile SA oil and gas fraudster Brian Alfaro had his Ferari and other toys seized under an…

  • Emnerson on Gifts

    Monday Nov 5, 2018   for many years I have posted Emerson's essay on gifts prior to Black Friday, the annual shopping extravaganza that officially kicks off retail insanity. It used to be that Christmas Season did not officially start until after Thanksgiving. Yet I already see electronic trees and other stuff at Costco. So…

  • Uresti Pleads Guilty in Bribery Case

    Friday October  12, 2018 Former State Senator Carlos Uresti plead guilty in a bribery case. He admitted receiving $10 K  a month from  the Lubbock business man who got a contract for medical services for Reeves county. Uresti then paid Jimmy Galindo the Reeves County Judge half that each month as a bribe for the…

  • Goldman Sachs CEO Assistant Commits Suicide, Admitted to $1.2 M Embezzlement

    Wed Oct 10, 2018 A personal assistant to the Goldman CEO jumped to his death at the Carlyle Hotel.   Accused jumps to death when he was suposed to plead guilty.   The story here is that some people are so moved by their guilt they cannot face the consequences. David Solomon expressed regret at…

  • Who Needs to Drill for Oil When One can Steal It?

    Wed Sept 19, 2018 During any oil boom there are always groups that look to become J R Ewing the quick and easy way, just steal oil from a third party. Ricardo Sanchez Jr. Ricardo Guevara and Romeo Garcia Jr. hav all pead guilty to selling $2 M of oil in the Eagle Ford. The…