Accountants are the Rodney “I don’t get no respect” Dangerfield of the professional services industry. I know this because my father was the senior partner of a Toronto accounting firm and I learned about the abuse he took despite his unrivaled knowledge of Canada’s tax code. A former senior partner…
Business
The Deceit of “Socially Responsible” Investing
When I migrated from journalism to PR decades ago, I was appalled at services major firms were promising but I knew couldn’t deliver. I shared my dismay with my father, a brilliant businessman who I always turned to for counsel and advice. He was neither sympathetic nor supportive. “Bullshit sells,”…
The Lipstick on GE’s Financials
I’m bad at math, much to the chagrin of my father, an award-winning accountant who rarely used a calculator or slide rule because he could process numbers faster in his head. I long blamed my algebraic impairment for my inability to analyze a balance sheet, but GE CEO Larry Culp…
Uber and the Killing of the American Dream
Silicon Valley’s tech denizens fancy themselves as above reproach liberal do-gooders, disrupting antiquated business models and government regulations for the betterment of genderfluidkind, a term I imagine they’d prefer to “mankind.” Donald Trump is among the greatest things to happen to the Valley since the creation of the microchip because…
Hey Capital One: What’s in YOUR Wallet?
Fortune magazine four years ago published what easily ranks among the best investigative features of all time, an in-depth examination of the devastating cyberattack launched against Sony Pictures. The attack erased everything stored on about half of Sony’s personal computers and servers. A deleting algorithm overwrote the data seven different…
How Donald Trump and Jared Kushner View the Poor
I confess my wariness of the political media distracted me from the “character” of Donald Trump. Count me among the two-thirds of Americans who perceive journalists as promoting their personal agendas rather than objectively reporting the news. The more the media tarred Trump a racist, a fascist, or whatever ist…
The Purpose of Colin Kaepernick
Millennials and Gen Z fashion themselves as being driven by their morals when purchasing goods and services. According to a survey by Deloitte, many “will not hesitate to lessen or end a relationship when they disagree with a company’s business practices, values, or political leanings.” Understandably, corporate America is falling…
Sonos: A Rare Tech Company with Common Sense
EDITOR’S NOTE: Since I published this post, I discovered that Sonos has since offshored its customer service to multiple countries overseas. The company under CEO Patrick Spence has lost its way since going public. I no longer endorse Sonos or its products. It’s unfortunate because Sonos’ early success was predicated…
Rx to Protect Investors: Kill the SEC
Darryll Bolduc, a former Charlotte bond trader who became a whistleblower long before there were riches to be had from the practice, was among the people I proudly represented when I worked in PR. Bolduc was fired after alerting NationsBank (which merged with Bank of America) of what he believed…