Elizabeth Holmes dropped out of Stanford at age 19 to start a new career. She founded Theranos, which was a privately held health technology corporation initially touted as a breakthrough technology company in the blood-testing market. The money and glory were huge. In a few short years, Ms. Holmes grew the company to a valuation of $9 billion. Ms…. [Read More]
What Do We Need To Do To Increase Accountability?
The last several months’ impeachment trials and the media furor it generated has focused a spotlight on whistleblowing and raised much-needed awareness on this issue. The Sarbanes-Oxley Act of 2002 and the Dodd-Frank Act of 2010 have provisions that were intended to prevent businesses from firing or demoting employees who reported fraudulent behavior to authorities…. [Read More]
Singing the Varsity Blues
Operation Varsity Blues, the multi-million dollar college admissions scandal involving 52 defendants, including celebrities, coaches, college admissions and business people, holds the dubious distinction of being the largest college admissions scandal in the history of the United States. The mastermind orchestrating the bribes, William “Rick” Singer, CEO of his charity, the Key Worldwide Foundation, funneled… [Read More]
An American Nightmare!
Is the American Dream becoming an American Nightmare? Recently I wrote about the 2019 Corruption Perceptions Index published annually since 1995 by Transparency International, which ranks countries “by their perceived levels of corruption, as determined by ‘expert assessments’ and opinion surveys.” This year’s study highlighted the relationship between politics, money and corruption. The disturbing news is that the United… [Read More]
Corruption Rules!
The recently released 2019 Corruption Perceptions Index produced by Transparency International, the world’s leading anti-corruption coalition, shows some disturbing trends. The Corruption Perceptions Index (CPI) is an index published annually since 1995 by Transparency International, which ranks countries “by their perceived levels of corruption, as determined by ‘expert assessments’ and opinion surveys.” This year’s study highlighted the relationship between… [Read More]
Visiting with the Investments and Wealth Institute
It was an honor to address the Retirement Management Forum, an annual conference of Retirement Management Advisors sponsored by the Investments and Wealth Institute (IWI) in Hollywood recently, well Hollywood, Florida that is. I spoke to IWI conferences in 2015 and again in 2017 so it felt like being reunited with old friends. Established in… [Read More]
Crisis of Conscience: Is Fraud on the Upswing?
Journalist Tom Mueller’s most recent book, Crisis of Conscience, Whistleblowing In An Age of Fraud, was the focus of a recent McCuistion TV program on KERA, PBS Dallas. Dr. Mueller and Marianne Jennings, JD, Professor Emeritus, Arizona State University and author of The Seven Signs of Ethical Collapse, joined hosts Jim Falk and Dennis McCuistion to talk… [Read More]
Business Matters with Karl Fitzpatrick
All great trips eventually come to an end, and my whirlwind speaking tour in Ireland has. It was an honor to present to some of the most esteemed organizations in Ireland, Transparency International, the Institute of Banking, the National University of Ireland Galway and Business Matters radio. South East Radio’s Business Matters is a weekly business… [Read More]
The National University of Ireland Focus on Ethics
The last of my Ireland speaking adventures culminated at the National University of Ireland at Galway (NUI Galway), speaking to both students and alumni of their Executive MBA Masterclass on November 22nd and to their graduate students, faculty and alumni on November 25th, sponsored by the Whitaker Institute. NUI Galway is consistently ranked in the… [Read More]
Best Wishes this Holiday Season
Warmest thoughts and best wishes for a wonderful holiday. One of the real joys of the holiday season is to say thank you and wish you the very best of health, prosperity, happiness and success for the new year.
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