Brutal Takedown of Jamie Dimon

There was an article in the New York Times about a private equity firm that once again contributes to finance’s bad image. In case you haven’t noticed, I do not have much regards for hedge funds and equity firms; I regard them as being leeches on society. They make too much money for the value…

During the week there had been some news articles about Turing Pharmaceuticals and its CEO, Martin Shkreli, jacking up the price of a drug that has been around for at least 60 years, from $13.50 to $750 a pill. The stated reason for doing so: “needed to make a profit”. Um how about: price gouging because…

I’m revisiting a topic I wrote on earlier in the week: the news that the Business Roundtable is redefining businesses’ purpose as being larger than just shareholders. Their purpose should encompass all stakeholders, not just shareholders: the customers, employees, the community. There have been quite a few responses to this news and most people seem…

More bad behavior but this time from the government and not from the usual bad guys. The situation in Flint, Michigan is really sad and portends grave long-term consequences. The kids will probably grow up disadvantaged for the rest their lives. I did read other headlines that suggest that other cities face the same poor quality…

There has been a lot of news about the tech layoffs, especially the dehumanizing way the layoffs were conducted. Last year with the inflation eating into everyone’s budgets and pocketbooks – and some suspicions that corporations were using the inflation as a pretext to raise prices greater than the inflationary effects to generate greater profits…